Caution: Avoid ‘irrational exuberance’ over revenue forecast

by Sen. Doug Whitsett Former Federal Reserve Chairman Alan Greenspan famously used the phrase “irrational exuberance” in 1996 to describe conditions in which the stock market becomes overvalued. His comments came a few years before the crash of the dot-com … Continue reading

Posted by at 05:00 | Posted in Government Spending, OR 78th Legislative Session, Oregon Government, State Budget | 1 Comment

What the Oregon Dem majority still needs to accomplish

by Dan Lucas 1 in 4 Oregonians is on Medicaid, the government health care payment system for the poor. That does not include older Oregonians who are on Medicare. Additionally, 1 in 6 Oregonians is on food stamps. Last November … Continue reading

Posted by at 05:00 | Posted in Economy, Education, OR 78th Legislative Session, State Budget, Transportation | 14 Comments

Oregon Dems put political agenda ahead of K-12 funding

Oregon Senate Republicans Democrats raid K-12 education, rejecting intent of voters to spend corporate kicker on Oregon students Salem, OR – Senate Democrats are undermining the will of Oregon voters by refusing to spend the corporate kicker on K-12 education, … Continue reading

Posted by at 06:13 | Posted in Education, OR 78th Legislative Session, Oregon Senate, State Budget | 6 Comments

Oregon facing $3 billion budget crisis next biennium (2017-19)?

by Sen. Jeff Kruse (R-Roseburg) The big news this week was the revenue forecast, which is up an additional $463 million. This means there is an additional $1.75 billion in this budget cycle. On the front end we should keep … Continue reading

Posted by at 07:49 | Posted in Government Spending, Obamacare, OR 78th Legislative Session, PERS, State Budget | 9 Comments

May Oregon revenue forecast: $473 million kicker expected

by NW Spotlight Oregon’s quarterly revenue forecast (for May) came out today with some very good news. General fund revenues are up and it is expected that there will be a $473 million personal income tax kicker. The forecast notes “Due … Continue reading

Posted by at 01:26 | Posted in OR 78th Legislative Session, State Budget | 4 Comments

Why is it so hard to fund K-12 education in Oregon?

by Dan Lucas The Oregon House of Representatives passed a $7.255 billion K-12 education budget, and it passed yesterday in the Oregon Senate. The voting was along party lines. Democrats, who control the state House and Senate, voted yes for … Continue reading

Posted by at 05:38 | Posted in Education, OR 78th Legislative Session, Oregon House, Oregon Senate, State Budget | 3 Comments

Senate Dems pass K-12 budget that underfunds Oregon schools

Oregon Senate Republicans Reject Senate Republican Proposal for Additional K-12 Funding Salem, OR – Today, Democrats passed a $7.225 billion K-12 budget that underfunds education on a party-line vote in the Oregon Senate. After over three hours of debate on … Continue reading

Posted by at 05:24 | Posted in Education, OR 78th Legislative Session, Oregon Senate, State Budget | 3 Comments

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