OKPOLICY.ORG
“The thing that should frustrate all of us is that we have a century of experience telling us that an energy-based economy drastically rises and falls, and yet we still don’t have a savings account that appreciates that fact. Though addressing the short-term crisis is important, we should also move forward on long-term reforms like this while the lessons are fresh, or we’ll simply find ourselves in this predicament again.”
-Sen. David Holt, introducing Senate Joint Resolution 44, which would ask the people of Oklahoma to set the cap on the state’s Rainy Day Fund at 15 percent of the total state budget (Source).
