Here’s why Washington home construction costs surged ahead of national average; Bill to merge three closed retirement systems, increase COLA passes WA Senate

Here’s why Washington home construction costs surged ahead of national average

MyNorthwest — A new study on the cost of building homes in Washington has revealed steep construction prices that far exceed national averages, with regulatory hurdles playing the leading role in driving costs even higher. For homeowners and prospective buyers in Western Washington, these rising costs present serious challenges to affordability and availability in an already strained housing market.

Bill to merge three closed retirement systems, increase COLA passes WA Senate

The Center Square — Democrats have largely settled on a projected operating budget shortfall of $12 billion over the next four years. Republicans point to information from non-partisan legislative staff members that the shortfall is expected to be $6.7 billion. Braun said a commitment to new spending is a bad idea with the state facing a shortfall. “I just think that’s fundamentally wrong,” he said. “This is not the time to add new spending.”

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