Originally published on Wed April 10, 2013 4:45 pm
OLYMPIA, Wash. – Washington House Democrats have unveiled a proposed two-year budget that looks a lot like Governor Jay Inslee’s. It would renew expiring tax hikes, close several tax exemptions and put the new money into public schools.
House Democrats would actually spend a tad more than the governor. But their approach is very similar. For example: extend an expiring tax on beer and end the sales tax exemption for bottled water and shoppers from sales tax free Oregon.
The interest rate on many student loans is scheduled to double on July 1, to 6.8 percent from 3.4 percent. That was expected to happen last year, but Congress voted to extend the lower rate. If the student loan interest rate does increase it will be way above loans for cars or even homes. Ross Reynolds talks with The Chronicle of Higher Education's chief Washington reporter, Kelly Field about the potential impacts of rising student loan interest rates.
The United Indians of All Tribes Foundation Head Start program, one of two Washington programs to lose federal funding, is located at the Daybreak Star Indian Cultural Center in Seattle's Discovery Park.
Two Seattle Head Start programs have lost their federal funding after they failed to meet quality standards. It's the first round of contract terminations in the new push by the Obama administration to improve the early learning programs for low-income kids.