The State Deficit that Isn't Yet...But Might Be!

The Seattle Times--almost coming right out and saying something without regard for nuance and subtlety--has decided to set the facts straight about that Washington state deficit the Dino-Rossi-for-Gov ads are whacking Gov Gregoire over the head with. "The ads assert the state has a deficit. [...] The ad is inaccurate for this reason: The state is facing a projected $3.2 billion budget hole next year, but it does not have a deficit today." In fact, for this fiscal year we've got a surplus. We have to hand it to Rossi though: A major ad campaign tarring someone for how they've handled the future is an example of bold leadership.