Ferguson, a Democrat, told reporters at a news event in the Governor’s Conference Room that in his view, both chambers’ plans depend too much on taxes. Each would rely on a so-called wealth tax, an idea that he noted would likely attract immediate legal challenge if implemented.

Gov. Bob Ferguson will not sign either the House or Senate budget proposals, citing concerns over untested wealth tax and potential federal cuts.

It wasn’t an April Fools’ Day joke. Washington state Gov. Bob Ferguson announced Tuesday afternoon that he will not sign proposed budgets by legislative Democrats that “rely far too much on taxes,” including a wealth tax that is “novel,