Oregon’s Budget Has a $370M Problem, Economists Say: ‘It’s Now in the Red’
Federal legislation H.R.1 is expected to reduce Oregon's state revenues by $888 million during 2025-27, shifting a $472.8 million surplus to a $372.7 million deficit.
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Oregon's revenue forecast released today Governor's office and state leadership weigh in
SALEM, Ore. - Oregon's economic outlook took a hit with new projections showing a significant drop in revenue. According to the Department of Administrative Services (DAS) Office of Economic Analysis, the impact of federal legislation H.R.1 is expected to reduce…
State's economists tell legislators that federal tax cuts could blow a $373 million hole in Oregon’s new budget • Lincoln Chronicle
Oregon legislators were told Wednesday that President Donald Trump’s so-called One Big Beautiful Bill is expected to slash money flowing into the state’s general fund by more than $888 million during the current two-year budget. The post State’s economists tell legislators that federal tax cuts could blow a $373 million hole in Oregon’s new budget appeared first on Lincoln Chronicle.
Oregon Revenue Forecast Projects $372.7 Million Deficit Over Next Two Years
Salem, Oregon– Oregon’s latest economic and revenue forecast projects a $372.7 million deficit for the 2025-27 state budget, according to officials with the Department of Administrative Services. Carl Riccadonna, state chief economist, and Michael Kennedy, senior economist with the DAS Office of Economic Analysis (OEA), presented the updated figures Wednesday to the legislative committee on finance and revenue. The quarterly revenue forecasts pr…
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