OLYMPIA – State Representative Timm Ormsby (D-Spokane), chair of the House Appropriations Committee, released the following statement in response to the June Economic and Revenue Forecast:
“Today’s forecast should be a warning to President Trump and Republicans in Congress: the trade wars, tariffs, federal employment cuts, and foreign conflict in the Middle East are hurting Washington families and small businesses.
“The Economic and Revenue Forecast Council is warning us that these factors can lead to an increase in inflation and costs. That is the wrong direction, and it is on our federal leaders to fix the mistakes they are making.
“House Democrats made thoughtful, and sometimes painful, budget decisions to pass a biennial operating budget that was balanced and provided a strong reserve fund. We believe the budget can weather the negative economic impacts we see in this forecast driven by federal action. Washington’s economy remains strong, but we will continue to monitor international conflict and the Congressional budget process in advance of next session. House Democrats are committed to protecting services and programs that ensure everyone can thrive.”