Washington state is preparing for significant tax increases after Governor Bob Ferguson approved a nearly $78 billion two-year budget that includes more than $9 billion in new taxes over four years. The move ends weeks of uncertainty and signals a major shift in state fiscal policy.

Discvover the contentious $77.9B operating budget and its impact on Washington's future, as Governor Bob Ferguson signed it into law.

Gov. Bob Ferguson repeatedly said he would look for budget savings and efficiences before agreeing to raise taxes on Washingtonians, but on Tuesday – the deadline for doing so – he signed Washington state’s nearly $78 billion,