Tagged: Budget crisis

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8:51am

Wed December 7, 2011
Economy

Many profitable companies, one in NW, pay no state income taxes

Originally published on Wed December 7, 2011 2:57 pm

Dozens of Fortune 500 companies paid no net state income taxes over the past three years, including one in the Pacific Northwest. That's one of the findings of a report issued Wednesday by a liberal think tank.

The report examined federal Securities and Exchange Commission filings from the more than half of Fortune 500 companies that reported profits over the past three years.

Those filings show how much each company paid in state income taxes nationwide. The results varied widely, even among companies in the same industry.

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9:04am

Tue December 6, 2011
Budget crisis

Washington parks face emergency budget cuts

OLYMPIA, Wash. – Washington’s state park system is facing an emergency funding crisis. The Parks Commission will meet Tuesday to vote on a plan to immediately cut $11 million from the budget.

The crisis comes as sales of the new Discover Pass lag.

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2:03pm

Mon December 5, 2011
Budget crisis

Congressman DeFazio blasts USPS for cutbacks

The U.S. Postal Service is moving forward with plans to close 252 processing facilities, end next-day mail service, and restrict service to rural areas.

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2:00pm

Mon December 5, 2011
Budget crisis

Layoff notices to 166 Tacoma city employees

TACOMA, Wash. — Tacoma is notifying 166 city employees Monday their jobs could be cut as the city deals with a $23 million budget deficit.

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3:47pm

Thu December 1, 2011
Budget crisis

Olympia eyes new plan as Wenatchee agency defaults

OLYMPIA, Wash. — A Wenatchee-area agency is defaulting on its debt but still may get support from the state Legislature.

Democratic Rep. Ross Hunter said Thursday that his committee will consider a measure that would make a belated payment on the $42 million bond debt.

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6:00pm

Tue November 29, 2011
Budget crisis

Protesters continue disruptions at Washington Legislature

Credit Northwest News Network

OLYMPIA, Wash. – State troopers arrested ten people at the Washington state capitol Tuesday. Four of them after protesters disrupted a Washington legislative committee.

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12:45pm

Tue November 29, 2011
Budget crisis

6 troopers injured in demonstration at state Capitol

Credit Associated Press

OLYMPIA, Wash. — After compiling reports on Monday night's demonstration at the Capitol in Olympia, the Washington State Patrol says a total of six troopers were injured in clashes with protesters, five more than first reported.

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