Wash. Legislature edges closer to budget solution
Republicans and Democrats merged closer on tax policy Wednesday as they began to formulate solutions on the state's budget shortfall.
House Republican Leader Richard Debolt said for the first time that they are willing to support a repeal of a tax break for banks, something GOP lawmakers opposed just last year. Debolt said they examined the role the exemptions play in the state and found, "It is not in the best interest of the state of Washington to pursue this anymore."
Also, legislative auditors say there's no sign the exemptions are helping homeowners.