Oregon State Legislature: Revenue Forecast - State Should Limit Spending Amidst Stagnant Growth, High Inflation, and Rising Costs
May 30, 2024
May 30, 2024
SALEM, Oregon, May 30 -- The Oregon Senate Republicans issued the following news release on May 29, 2024:
Today, the Office of Economic Analysis presented the quarterly revenue forecast which indicates, despite big surpluses, significant economic challenges are ahead due to stagnant growth and high inflation. Adopting a more disciplined approach to the state's finances would help lessen the burden on taxpayers and improve economic stability.
Senate Republican Leader Dan . . .
Today, the Office of Economic Analysis presented the quarterly revenue forecast which indicates, despite big surpluses, significant economic challenges are ahead due to stagnant growth and high inflation. Adopting a more disciplined approach to the state's finances would help lessen the burden on taxpayers and improve economic stability.
Senate Republican Leader Dan . . .