Budget & Taxes
Relying on deeper funding cuts to balance the budget would do serious harm to Oklahoma schools, public safety, and economic well-being. Here are 7 feasible and responsible solutions to close the budget hole without damaging our most important services. Read more…
Today we’re at the State Capitol looking into the state budget deal announced yesterday. Here’s our initial statement on the budget, a list of the proposed appropriations, and a summary of the budget agreement. See below for live updates as we uncover more about the budget and analyze what it means for Oklahomans.
Oklahoma Policy Institute released the following statement in response to a state budget deal announced today: Lawmakers faced a difficult task with a $611 million budget hole. Even so, this budget proposal ignores sensible revenue options by allowing a tax cut to go forward that was never meant to happen in these conditions and failing to do anything about wasteful tax Continue Reading »
Lawmakers are planning a budget for next year that from most reports looks likely to cut funding for most state agencies while refusing to halt a scheduled tax cut or reign in tax breaks. As some pre-budget spin in defense of these decisions, The Oklahoman editorial board and the Oklahoma Council of Public Affairs have pointed to $40 million spent on “swag, advertising, Continue Reading »