Note: This is an updated and expanded version of a column that ran in the Journal Record.
Faced with a $611 million budget shortfall, elected leaders have many tough decisions to make. But one decision should be easy: halting a…
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There’s lots of talk at the Capitol this year about the need for greater scrutiny and control of tax incentives. As we’ve discussed, bills authored by the House Speaker and Senate Pro Tem would evaluate all incentives on a regular…
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By:
Gene Perry
March 17, 2015 // Updated: May 2, 2019
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.
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As Oklahoma faces a more than $600 million budget hole, state leaders have consistently said that “all options should be on the table.” With state services already straining from years of repeated cuts and flat funding, a balanced approach to…
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Oklahoma’s more than 70 business incentives are one of the primary ways the state attempts to create jobs and encourage businesses to locate and expand in Oklahoma. These tax credits, tax exemptions, and cash rebates also have a significant cost.…
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By:
David Blatt
February 27, 2015 // Updated: May 2, 2019
Oklahoma faces a giant budget shortfall for the coming year, the result of both slumping energy prices and policy decisions that have dampened revenue collections and increased off-the-top allocations. Our Budget Trends and Outlook fact sheet explains the budget situation…
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By:
David Blatt
February 25, 2015 // Updated: May 1, 2019
With the state now facing a massive budget shortfall, attention has turned to tapping the Rainy Day Fund to close a portion of the gap. This post gives an overview of the Rainy Day Fund and how it might be…
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By:
Guest
February 23, 2015 // Updated: May 2, 2019
This article originally appeared in State Treasurer Ken Miller’s monthly newsletter, the Oklahoma Economic Report.
At the dawn of a new legislative session, current government expenses once again exceed expected revenues and agencies are lining up with $2 billion in…
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By:
Gene Perry
February 17, 2015 // Updated: May 1, 2019
Oklahoma Policy Institute released the following statement in response to state officials certifying that Oklahoma faces a $611.3 million budget shortfall in the coming year:
This news that Oklahoma’s revenue picture has gone from bad to worse cannot be blamed…
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By:
Guest
February 11, 2015 // Updated: May 2, 2019
Editor’s Note: Wind power is a growing source of energy production in Oklahoma that is drawing close scrutiny at the state Capitol. Is wind production beneficial to Oklahoma’s economy and communities? Should the state continue to provide the industry with…
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