Time to panic? Policymakers, public divided on 'dire' budget warnings
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March 3, 2017
Moments after explaining how another state revenue failure will require millions of dollars of mid-year budget cuts, Secretary of Finance Preston Doerflinger issued a warning to lawmakers and top state officials.
“I don’t know how much more I can emphasize that the time for action is now,” he said at last week’s Board of Equalization meeting, at which the group also certified revenue figures that show an $878 million shortfall for next year. “It’s not a game. We need new revenue.”
In response to the state’s budget hole, Gov. Mary Fallin and Doerflinger are pushing a nearly $1 billion revenue-r...
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