Tag Archives: State Budget

Half of 2020 Tax Kicker May Go To Transportation

On Wednesday, May 15, Oregon budget officials announced the state will take in over $22 billion to be spent over the next two-year budget cycle, $870 million more than estimates in March projected. This could mean a $1.4 billion tax rebate for Oregonians, but legislators may want to use half of the money for new […]
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Oregon House speaker wants to cut tax rebate in half

House Speaker Tina Kotek is introducing a plan to halve cut the tax rebate Oregon residents receive. The Portland Democrat announced the idea Thursday, the day after state economists revealed that the “kicker” tax rebate could be the largest in state history. Source: Oregon House speaker wants to cut tax rebate in half | Local […]
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Oregon House Speaker Introduces Bill To Cut Projected Record ‘Kicker’ Tax Refund By Half

The Oregon House Speaker wants to use roughly $700 million of the one-time money on bridge repair, cleaner burning diesel and encouraging electric cars. A day after state economists revealed the largest “kicker” tax rebate in Oregon’s history might be flowing back to taxpayers next year, House Speaker Tina Kotek, D-Portland, is introducing a plan […]
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Our View | Time will tell if Republican strategy will pay off 

Oregon voters watched Monday as political drama took center stage in Salem when Republican members of the Senate returned after a weeklong walkout. The result was the passage of the Student Success Act, a multi-tiered piece of legislation that will funnel money into schools but boost taxes. Two other controversial bills — each opposed by […]
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No SAIF Raid in Dems’ Proposal to Fix Pension Deficit

Democratic leaders in Oregon’s Senate and House of Representatives on Friday unveiled their proposal for tackling what is now a $27 billion pension deficit without tapping into reserves held by the state-chartered workers compensation center. Oregon Public Broadcasting detailed the proposal in a report published Friday. Source: No SAIF Raid in Dems’ Proposal to Fix […]
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Why record-breaking revenues aren’t enough

This week, Oregon is facing a one-day teacher strike, with educators demanding more money for schools. Also this week, the legislature will consider a billion-dollar-a-year sales tax on business. All this is happening in the face of record-breaking tax revenues. Research published by the Pew Charitable Trusts shows that Oregon tax revenues are nearly 30 […]
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State budget scrimps on replacing salmon-blocking culverts (WA)

Washington faces a federal court order to fix under-roadway pipes that block migrating fish by 2030, but a budget passed by lawmakers puts the state at risk of missing the deadline and could delay salmon recovery even as the Pacific Northwest’s endangered orcas are starving. The Legislature’s two-year transportation budget, approved last weekend, devotes $100 […]
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Yes, it’s time to fix PERS

State Library Ed. Note: Contact the State Library at library.help@state.or.us or 503-378-8800 to access the full text of this op/ed. What does ‘fixing’ the PERS liability really mean for the state of Oregon, and how we chart a course to make it happen? Oregon is financially out of balance. The economy is growing while teachers […]
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Editorial: Taxes, schools grab spotlight in Capitol

With about two months remaining in the legislative session, we’ve reached the point at which the focus is narrowing onto the biggest and most contentious issues in the Capitol — and at least some Democrats are starting to sense that, despite their super-majorities in both chambers, they may not be able to win approval for […]
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Editorial: PERS debate kicks off late

It’s been the practice in Oregon politics in the last few years to put off reforms to the state’s Public Employees Retirement System, or PERS. But Gov. Kate Brown announced last week she was “not willing to go another legislative session without taking significant steps” to reduce the burden. She released a $3.3 billion plan […]
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