Tag Archives: State Budget

Fiscal 50: State Trends and Analysis

Pew’s Fiscal 50: State Trends and Analysis presents 50-state data on key fiscal, economic, and demographic indicators and analyzes their impact on states’ long-term fiscal health. Drill down into state finances in five core areas. Ten years after recession began, states face fiscal and economic uncertainties States have regained much of the fiscal and economic […]
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How the Sports Betting Ruling Will Impact State Budgets

The Supreme Court outlawed a federal ban on sports betting on Monday, and some states are poised to capitalize. The U.S. Supreme Court’s reversal on Monday of a federal law banning sports betting in most states is expected to boost revenues for gaming companies and — at least for now — a handful of states. Source: […]
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Fiscal 50: State Trends and Analysis

Pew’s Fiscal 50: State Trends and Analysis presents 50-state data on key fiscal, economic, and demographic indicators and analyzes their impact on states’ long-term fiscal health. Drill down into state finances in five core areas. Source: Fiscal 50: State Trends and Analysis

Editorial: Budget woes loom for 2019 session

Even as legislators were clearing out their desks this weekend at the end of the short session in Salem, their leaders were again warning about a budget shortfall looming in 2019. Speaker of the House Tina Kotek said her staff believes the state could be $1.2 billion short for the two-year budget cycle that begins […]
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Tax plan could produce unexpected surplus for Oregon

May cause a $200 million surplus. The Oregon Legislature’s response to President Donald Trump’s federal tax overhaul will capture more than $200 million more than the state needs to meet lawmakers’ goals, if predictions from the state’s head economist prove accurate. Lawmakers have portrayed their plan as a way to avoid a negative impact on […]
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Oregon fiscal forecast: Sunny, with clouds

State says federal tax cut impact won’t be known until fall 2019. A potential sea of red ink facing the state budget will evaporate, leaving Oregon government most likely in the black, according to official state economists. Lawmakers arriving earlier this month for the 2018 session of the Legislature were warned by some leaders that […]
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Oregon May Not Actually Face Budget Hole From Federal Tax Changes

A new Oregon economic forecast is changing the politics of taxation at the state Legislature. As it turns out, Oregon doesn’t appear to face an immediate budget crunch from the new federal tax law. That’s the conclusion of a new state economic forecast released Friday showing that the state is picking up enough additional revenue to […]
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Federal Tax Cut Leaves Oregon With Its Own Budget Hole And A Fight Over Business Taxes

The big tax measure passed by Congress and signed by President Donald Trump late last year did more than cut federal taxes. It also could lead to a major tax break for Oregon businesses. Gov. Kate Brown and Democratic legislative leaders say they’re concerned that the tax breaks would blow a hole of more than […]
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Moody’s warns that lackluster state support will strain public university budgets

The credit rating agency said paltry state investment in higher education could strain the budgets of public colleges and universities this year, with small schools bearing the brunt of the impact. Source: Washington Post

Editorial: 101’s passage gives a break to legislators

It is an odd sensation: While we were pleased to see Measure 101 pass in Tuesday’s election, the campaign left a bit of a sour aftertaste. You recall Measure 101: At issue were two taxes, part of a funding plan passed by the 2017 Legislature to help pay for the state’s expansion of its Medicaid […]
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