Today Governor Gregoire announced she will decide whether or not to call a special session or make across-the-board cuts in early August.

A special session or across-the-board cuts would be required to reduce the $300 million budget shortfall if federal aid for Medicaid dollars falls through.

Not a fan of the across-the-board cuts, Governor Gregoire estimates that the cuts would reduce all state-funded programs by an additional 3.5-4.0 percent. The only exceptions to the reduction would be basic education, debt payments, and pensions.