long-term care

In an election year with big races on the ballot, including president and governor, Washington voters – and the media -- might have been forgiven for not paying much attention to Engrossed Senate Joint Resolution (ESJR) 8212 on the November ballot.

It was a little-noticed constitutional amendment to allow for the investment of long-term care trust fund dollars in private stocks. Voters soundly defeated the measure 54 to 46 percent.

Now comes the surprise cost of that under-the-radar vote – an estimated $15 billion.