On Thursday, April 17, Ferguson signaled for the second time his disapproval of how lawmakers planned to address a projected $15 billion four-year funding gap. After Ferguson refused budget proposals reliant on a wealth tax, Democratic leadership proposed an alternative last week in the form of a $12 billion revenue package that would impose new taxes on wealthy businesses, properties, stocks, some tech services and products like Zyn nicotine packets.
In response, Ferguson called the plan “unsustainable” and “too risky.” He said Washington needs a balanced budget that’s in “the best financial position to weather more cuts,” citing concerns about looming federal funding cuts and tariffs from the Trump administration.
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