Balanced approach needed to address state budget
The Alliance continues to work with partners to advocate for a solution to Oregon’s $1.6 billion budget deficit.The Alliance continues to work with partners to advocate for a solution to Oregon’s $1.6 billion budget deficit. Efforts align with the Oregon Business Plan three-prong strategy, including 1) growing the economy; 2) slowing unsustainable growth in state spending, particularly related to public employee compensation and health care; and 3) considering new revenue tied to specific results, such as education funding for K-12, CTE/STEM and higher education.
According to a recent Oregon School Boards Association poll, voters believe the state’s unsustainable growth in costs must be addressed as the state deals with its fiscal challenges. With cost increases outpacing significant revenue growth, the Oregon Business Plan coalition is calling for legislators to first close the deficit through spending reform, then engage in conversations about new revenues targeted to specific investments.