OLYMPIA — Senate Republicans on Tuesday released a $43 billion two-year budget that puts an additional $1.8 billion toward education, paid for, in part, by a statewide property tax that ultimately would replace local district levies.
The budget plan — which spends about $5 billion more than the current two-year budget — also relies on about $200 million in transfers from other accounts and spending cuts in some state programs. The plan moved quickly to the Senate Ways and Means Committee, which held a public hearing Tuesday afternoon. The full chamber could vote on it as early as Thursday.
House Democrats are set to release their budget plan next week, and then both sides will need to negotiate a final budget, something they hope they can do before the current 105-day legislative session ends on April 23. If they don’t, they will need to go into overtime special sessions to resolve their differences.
“We’ve delivered a budget that’s balanced, that’s ready to go,” said Republican Sen. John Braun, the chamber’s key budget writer. “There are people who won’t like every part of it, but we tried to be thoughtful about what we put in and what we didn’t. The most important thing is we made sure we can pay the bill.”