New House Transportation Budget proposal includes taxing authority for transit: smaller overall, but still new-road-heavy. Free summary here, more complete summary in companion Times pieces (roads, transit) ($).
Some industry watchers concerned about an apartment “bubble.” ($) Of course, this would be great news for anyone who cares about housing affordability, except to the extent that a crash would discourage further building.
PubliCola describes the three Seattle Council proposals on development taxes. Clark and Burgess are friendliest to development (but still less than McGinn), O’Brien is in the middle, and Licata would do the most to discourage it.