Joint Statement From Rep. Mike McLane And Senator Ted Ferrioli On Revenue Forecast
Salem, OR – House Republican Leader Mike McLane (R-Powell Butte) and Senate Republican Leader Ted Ferrioli (R-John Day) issued the following statement in response to today’s revenue forecast:
“Today’s revenue forecast is a step in the right direction for Oregon’s economic recovery, but it is by no means a full representation of Oregon’s current economic state. After losing 3,000 jobs in June, the state added only 200 jobs back in July, leaving the unemployment rate at 6.9%, one of the higher rates in the nation. Many Oregonians across the state remain unemployed or underemployed and continue to struggle supporting their families and paying their bills.
“A truly healthy economy is one in which all Oregonians have access to stable, long-term employment. Unfortunately, this is not the case for many families in rural parts of Oregon, where entire industries and businesses have been shut down or have drastically reduced operations due to excessive government regulation. As we look toward the 2015 session, the Legislature needs to ensure that all Oregonians benefit from any proposed economic policies and legislation. This means providing tax relief for Oregon families and increasing opportunities for economic development in all regions of the state.”