Recent Articles

New fact sheet outlines Oklahoma’s options for solving the budget emergency

Oklahoma is grappling with a $1.3 billion shortfall for next year’s budget. Following two mid-year revenue failures on top of years of shrinking budgets, every state agency has been forced to dig deep and cut anything that could be seen… Read more [More...]

Oklahoma’s Revenue Options for the Budget Emergency

Without new revenue to close the shortfall, state agencies and school districts face massive budget cuts that will be disastrous for Oklahoma families, businesses, and communities. Here are 16 revenue options worth considering as part of a fair and sustainable budget... Read more [More...]

High-income surcharge would help solve budget emergency

The evidence is now undeniable that Oklahoma is facing a full-fledged emergency. With each passing day, the toll of budget cuts on Oklahoma families, schools, businesses, and communities becomes more alarming. Given the enormity of the budget shortfall, it’s widely… Read more [More...]

Quick Take: What’s the state of the Rainy Day Fund?

In the wake of this year’s second mid-year revenue failure, Governor Fallin and legislative leaders reached an agreement to tap the Rainy Day Fund to help public schools and the Department of Corrections make it through the year. The Legislature… Read more [More...]

Is this the year Oklahoma takes action to stop losing millions in unpaid online sales taxes?

Among her proposals to address the state’s enormous budget hole in last month’s State of the State address, Governor Mary Fallin called for “sales tax modernization.” Modernization could have several components, including broadening the sales tax to cover more services… Read more [More...]

Norman Superintendent, Cherokee Nation business leader join OK Policy Board

Oklahoma Policy Institute is pleased to announce that Dr. Joseph (Joe) Siano, Superintendent of Norman Public Schools, and Charles (Chuck) Garrett, executive vice president at Cherokee Nation Businesses, have joined our Board of Directors. “We are delighted to add two… Read more [More...]

Budget Trends and Outlook – March 2016

Download this fact sheet as a pdf. The state faces a huge budget shortfall As a result of revenue collections coming in below projections, mid-year revenue failures were declared in December and February. Agencies were cut by 7 percent of… Read more [More...]

Oklahoma should tap the Rainy Day Fund now to ease mid-year cuts

As Oklahoma grapples with a rapid decline in state revenue collections, agency budgets have already been cut once this year, and a second round of even greater cuts has just been announced. Oklahoma’s Rainy Day Fund was designed specifically to… Read more [More...]

Bad Bet: Fantasy sports bills could put state gaming revenues at risk

In 2004, Oklahoma voters approved State Question 712, which established legal compacts between the state of Oklahoma and Native American tribes to regulate tribal gaming. Under the gaming compacts, tribes contribute over $125 million to the state, which goes almost… Read more [More...]

Oklahoma thinks the unthinkable with health care cuts

Should Oklahoma strip Medicaid health care coverage from people least able to afford insurance on their own? In a state that trails most of the nation in uninsured rates and health outcomes, who could defend this? Should the Department of… Read more [More...]