Regional News

Economic Forecast Shows Dramatic Decline

(Salem, OR) -- The State of Oregon's economic outlook has gone from good to bad. When the Legislative session ended earlier this year, the state had a 473-million-dollar budget surplus, but now there's a deficit of 373 million dollars. The state's economist says it's due to changes in the economy, cuts from President Trump's One Big Beautiful Bill and adjustments to the kicker credit. Governor Tina Kotek says they'll be looking for ways to make state dollars go further. House Republican Leader Christine Drazan called for cuts to state programs.

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