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Seattle's Budget Crisis Nears Half-Billion Dollars, Wilson Weighs New Taxes
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Seattle's Budget Crisis Nears Half-Billion Dollars, Wilson Weighs New Taxes
Seattle is staring down a projected $488 million budget shortfall over the next three years, with city leaders acknowledging a structural deficit while signaling that additional taxes remain under consideration. The latest estimates project a $175 million deficit next year alone, marking one of the largest budget gaps the city has faced in recent years. "Seattle is now facing a budget shortfall of approximately $488 million over the next three …
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