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Local News

Representative McClane on State Budget


Last week state economists found in the short term, Oregon will have 81 milllion dollars more in revenue than expected.

 

But long term, revenues look like they'll be down nearly 600 million dolalrs from original estimates.

 

State Representative Mike McClane of Powell Butte says he's grateful the state will have some reserves to help shore up funding gaps for the coming years.

 

Economists expect the slow economic recovery to stagnate even more in coming years, mainly due to slow wage growth.


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