Jay Inslee: “I want to note too, as we do that, we want to do in a way that is fiscally responsible. One of the things we have done…”

“I want to note too, as we do that, we want to do in a way that is fiscally responsible. One of the things we have done is to pay for these things by repealing some of these tax breaks that have gone to the oil and gas companies, and then shifting them over to these investments, to do this in a fiscally responsible way. We also want to do it in a way that helps businesses rather than hurts them. Some of the incentive programs that have been done in the past have been done in a way to ensure their failure. For instance, some previous Congresses have been in the terrible habit when they do tax incentives that are intended to help businesses grow, they have done it for one year at a time or two years at a time; and venture capitalists, and I have talked to many of them, say we are not going to make multibillion dollar investments, realizing the rug can be pulled out from under us. That has been done because Congress has tried to hide the deficit, so they have tried to make these things seem like they are short term.”