OLYMPIA, Wash. (AP) — Senate Democrats have released a $59.2 billion two-year budget plan that includes $357 million in new revenue from a tax on capital gains. They also laid out how they would separately spend more than $7 billion spending of federal stimulus funds meant to help those hit hardest by the coronavirus pandemic. Federal stimulus money will address areas ranging from learning loss in schools to child care grants to rental assistance. The largest chunk will be about $1.7 billion for school reopening and funds for schools to address learning loss by students over the past year. Another $1.1 billion will be allocated for vaccine deployment, recruitment of public health workers and other efforts related to the pandemic.
WA Senate Democrats’ budget includes state capital gains tax
