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December 16, 2008 4:54 PM
Watch Gov. Christine Gregoire discuss her proposal to close the budget deficit in streaming video here Thursday
Posted by Kate Riley

The Seattle Times
This cheerful picture of the Washington state Legislative Building framed by springtime cherry blossoms belies the challenges facing state elected officials as they close a $5.1 million budget deficit.
UPDATE: Today's live video with Gov. Chris Gregoire has been canceled due to weather.
Come back here at 2:30 p.m., Thursday, and watch the streaming video of the Seattle Times editorial board meeting with Gov. Chris Gregoire, the day she unveils what she predicted would be a very "ugly" budget. The challenge facing the governor and the Legislature is to close a projected budget deficit that could go even higher than the $5.1 billion now estimated.
Barring interference from the weather, we will be providing live-video of the meeting, beginning at 2:30 p.m.
We will be live-blogging the event as well, providing background facts on the various issues discussed. Your comments are welcome as well.
In the meantime, check out the comments below from the Seattle Times Northwest Voices online community. We recently posed the question about whether the state should handle the budget challenges with deficit spending or pass a balanced budget even if it means severe cuts.
Most state lawmakers and people involved with government have been operating under a myth that Washington state must have a balanced budget. In fact, many people thought it was part of the state Constitution.
Times reporter Andrew Garber's recentstory debunks this notion. In fact, the state Budget and Accounting Act requires the governor to submit a balanced budget to lawmakers but it does not require the Legislature to pass one or forbid the governor for inking a signature on a budget that is out of balance.
The idea of deficit spending might be tempting for Washington state budget writers, particularly given the projected budget deficit of $5.1 billion during the next two-year cycle and Gov. Chris Gregoire's campaign pledge to manage the state without any tax increases. She has already started budget cutting and has noted the budget she will be proposing this month -- balanced by law -- will be "ugly" and some of the proposals are pretty dire. See the Times' editorial offering some suggestions.
What do you think? Should state lawmakers and the governor embrace deficit spending for the next biennium during this tough economic downturn? Or should they adhere to what has been a time-honored practice of balancing expenditures with the state's actual revenues?

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