The projected state deficit for the 2009-2011 biennium has grown by $552 million according to the state Chief Economist Arun Raha this morning at a meeting of the state Economic and Revenue Forecast Council. This means the projected state deficit is nearly into the nine billion dollar mark.
To put that in perspective if take the 2008 population estimate, in order to pay off this projected deficit each Washington citizen would have to chip in $1345.25. Below is a video from TVW of the complete revenue forcast report.
