WA state Senate Republicans are reacting to the latest revenue forecast projection for the state, and it is not looking good. WA GOP says massive spending and tax hikes responsibleThe massive $9 billion dollar tax hike signed into law by Governor Ferguson this spring is largely being eaten up by projected spending programs, new programs, created by the majority party. Other funds are going to expand some current programs, so it's not like WA state is taking in 'new' revenue. Now this week,the latest state revenue forecast (incoming taxes, fees etc.) show the state is looking at a shortfall of anywhere from $413 to $425 million for the two-year biennium or budget cycle 2025-2027.