“State officials cannot bank on oil returning to its 2014, $100-per-barrel peaks, even though the financial line graphs are beginning to turn upward. Nor can it rely on one-time cuts to fix what has become a chronic revenue crisis. There will be difficult choices this year, and they cannot all be in the form of agency cuts. Legislators must address the revenue side and eliminate every incentive that hasn’t produced a quantifiable benefit.”
-The Journal Record Editorial Board (Source)