Oregon Senate Majority Leader Richard Devlin released this statement, in response to the apparently dismal state revenue forecast (which I've been unable to locate, but hope to get my hands on very shortly... clearly, based on Devlin's statement, the news ain't good).
UPDATE: Here it is. We're down $762 million from the September 2008 forecast, and that projection had us down $500 million from what's needed to maintain the current level of services. That's a $1.3 billion shortfall for the 09-11 budget. AND, the Governor has asked state agencies to cut 1.2 percent of their budgets for the rest of this budget cycle--so out of their next six months of operation, which will make the cut feel a lot bigger. Gulp.
The news of this morning confirms that Oregon has followed the nation into an alarming economic downturn. A budget shortfall of this magnitude will significantly alter the game plan for this upcoming session, but I'm committed to putting the needs of Oregon's families and people working hard to get ahead first.Families all over Oregon are sitting down at the kitchen table and making tough decisions about what can and can't be cut. The legislature is in the same boat. We will have to prioritize and protect the things that are most important to Oregonians.
We have a serious job ahead of us. I have every confidence in my colleagues that we're ready to get to work and make the tough decisions that will have to be made. The people of Oregon are depending on us and we do not take that charge lightly.
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