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News

WTOP News
wtop.com > dc > 2026 > 09 > independent-analysis-lowers-dcs-projected-revenue-for-fiscal-year-2026

Independent analysis lowers projected revenue for DC this fiscal year

1+ week, 3+ day ago   (284+ words) A new independent economic forecast from the Office of the D.C. Auditor projects the District will collect less revenue this year than previously expected, citing weaker employment growth, declining commercial real estate values, potential Congressional actions and broader economic uncertainty. The…...

WTOP News
wtop.com > dc > 2026 > 06 > dc-council-passes-budget-amid-cfo-dispute-funds-open-primaries

DC Council passes budget amid CFO dispute, funds open primaries

2+ mon, 2+ week ago   (724+ words) TRAFFIC ALERT: US Route 50 blocked between Interstate 495 (#7) and Maryland Route 704 (#8), expect delays LISTEN LIVE: For team coverage, live results and analysis of the Maryland primary, stay with WTOP during your commute and throughout the night June 23, 2026, 6:44 PM The D.C. Council has…...

WTOP News
wtop.com > montgomery-county > 2026 > 06 > glass-says-mcps-budget-process-broken-proposes-three-major-reforms

Glass says MCPS budget process ‘broken,’ proposes 3 major reforms

3+ mon, 1+ week ago   (426+ words) June 4, 2026, 4:08 AM On the eve of the Board of Education’s vote on next year’s $3.7 billion budget, Montgomery County Councilmember Evan Glass — who is running for county executive — says the school system’s budget process is broken. He argues that even with…...

Fox News
foxnews.com > media > washington-business-owners-fear-socialist-millionaires-tax-driving-businesses-out-theyre-next

Washington business owners fear socialist ‘millionaires tax’ is driving businesses out — and they’re next

5+ mon, 1+ week ago   (1607+ words) Washington shop owners, talk show radio host Arri Hoffman and a local democratic socialist, Rep. Shaun Scott, discuss the impact of the state’s new "millionaires tax" and how socialist economic policy is impacting local business. SEATTLE—Business owners in Washington…...

The Washington Post
washingtonpost.com > politics > 04/10/2026 > dc-budget-bowser > bd27b3bc-351e-11f1-b85b-2cd751275c1d_story.html

Washington Mayor Muriel Bowser unveils her last budget, proposing to cut spending

5+ mon, 2+ day ago   (66+ words) The Washington Post WASHINGTON — Washington Mayor Muriel Bowser on Friday unveiled her last budget before she steps down later this year, a $21.2 billion gross operating spending plan that is sure to spark battles on the District Council and Capitol Hill,…...

WTOP News
wtop.com > dc > 2026 > 04 > mayors-budget-seeks-to-grow-dc-but-includes-469-million-in-cuts

Mayor’s budget seeks to grow DC, but includes $469M in cuts

5+ mon, 2+ day ago   (494+ words) April 10, 2026, 6:32 PM In her 12th and final budget, D.C. Mayor Muriel Bowser’s $21.2 billion budget proposal seeks to grow the District’s economy, despite rising costs and flat revenue forecasts. Bowser presented her proposal to the D.C. Council in a presentation at the…...

The Washington Post
washingtonpost.com > dc-md-va > 04/10/2026 > dc-bowser-2027-budget-cuts-proposal

Bowser’s final D.C. budget includes $469M in cuts amid tough fiscal picture

5+ mon, 2+ day ago   (239+ words) The Washington Post Mayor Muriel Bowser’s $21.2 billion budget proposal would put off pay raises for firefighters and cut programs addressing homelessness and paid medical leave. D.C. Mayor Muriel E. Bowser (D) proposed a budget Friday that will put off raises…...

@AOL
aol.com > articles > washingtons-millionaires-tax-drive-rich-233204357.html

Will Washington's Millionaires' Tax Drive The Rich Out Of The State?

5+ mon, 1+ week ago   (450+ words) Washington state made history earlier this week when Gov. Bob Ferguson signed Senate Bill 6346, the Millionaires’ Tax, into law. The bill taxes individual income exceeding $1 million a year. Less than half of one percent of Washingtonians will pay it. In…...

Fox News
foxnews.com > video > 6392524694112

The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ | Fox News Video

5+ mon, 1+ week ago   (107+ words) The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ Fox News The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ Washington shop owners, talk show radio host Arri Hoffman and a local democratic socialist, Rep. Shaun…...

Yahoo News
yahoo.com > news > articles > washington-enacts-millionaires-tax-faces-235159907.html

Washington enacts ‘millionaires tax,’ faces swift legal challenge and possible ballot fight

5+ mon, 1+ week ago   (638+ words) Washington has approved a new 9.9% tax on income over $1 million, marking the state’s first personal income tax. Opponents plan to challenge the law in court and may push a repeal to voters, arguing it’s unconstitutional. The legal fight is expected…...