Monday, February 06, 2012
The extent of state budget cuts will become apparent this week when economists tell the Legislature how much tax money they think Oregon will collect.
The last two quarterly revenue forecasts have delivered disappointing news, forcing legislative leaders to recommend layoffs of state workers, the closure of a prison and smaller paychecks for workers who provide in-home care to seniors and people with disabilities.
Nobody’s expecting to see an influx of money when the projections are released Tuesday, and a sharp decline would force legislators back to the negotiating table in search of more service cuts to close a budget gap that’s already expected to be at least $200 million.
Read more at The Bend Bulletin.