Passing the Buck: How Federal Policies are Worsening State Budget Problems

Federal policies have a major and far-ranging impact ont the fiscal situation of state government. Unfortunately, a whole set of federal polies are converging to worsen Oklahoma’s budget problems. This issue brief by OK Policy examines four broad examples of… Read more [More...]

Fact Sheet: Oklahoma’s Tax Cuts: Who Benefits?

This fact sheet explores the distribution of benefits from the two largest tax cuts enacted in Oklahoma between 2004 and 2006, based on analysis conducted for OK Policy by the Institute for Taxation and Economic Policy. Almost three-quarter of the… Read more [More...]

Fact Sheet: Income Tax Cuts Have Dampened Oklahoma Revenues by $400-$600 Million

Individual income tax collections over the last two state budget years grew by less than 1 percent. This miniscule growth, at a time of a strong state economy, reflects the impact of tax cuts enacted between 2004 and 2006. Analysis… Read more [More...]

Fact Sheet: Transportation Funding Assured of Growth

Legislation passed on the final day of the 2008 session provides for major additional funding for state transportation projects over the coming years. This fact sheet looks at how the state’s transportation budget is projected to grow from $400 million… Read more [More...]

Falling Flat: FY ’09 Budget Review

The 2008 Legislature approved a “maintenance-of-effort” budget that provides a mere 0.7% increase in appropriations for FY ’09 compared to FY ’08. However, as agencies grapple with rising operating costs and unfunded benefit increases, flat funding may fall short of… Read more [More...]

Alliance Insight: Tax Cuts and Consequences

This Insight was produced for the Alliance for Oklahoma’s Future under the direction of David Blatt, then Chair of the Alliance. Although Oklahoma’s economy continues to show signs of decent growth, the state budget is in rough straits. This Insight… Read more [More...]

Alliance Insight: Governor’s Budget Reveals Funding Squeeze Ahead

This Insight was produced for the Alliance for Oklahoma’s Future under the direction of David Blatt, then Chair of the Alliance.  Governor Brad Henry’s $7.3 billion fiscal 2009 budget reflects the struggle ahead, as rising costs and slowing revenues translate… Read more [More...]

Tax Cuts and Consequences

This fact sheet was produced for the Alliance for Oklahoma’s Future under the direction of David Blatt, then Chair of the Alliance. Although Oklahoma’s economy continues to show signs of decent growth, the state budget is in rough straits. This… Read more [More...]

CAP Issue Brief: Growing Oklahoma’s Economy: The Evidence on What Really Works

This issue brief was produced for the Public Policy Department of the Community Action Project of Tulsa County under the direction of David Blatt, then Director of Policy at CAP. This issue brief and fact sheet review the extensive economic… Read more [More...]

Oklahoma’s Structural Budget: Hard Choices Ahead

This chapter by Dr. Kent Olson from State Policy and Economic Development in Oklahoma: 2007 examines the long-run implications of the largest series of tax cuts in Oklahoma history.… Read more [More...]