Oregon Gov. Kate Brown announced she and her fellow Democrats are abandoning efforts to increase corporate tax revenue. As a deadline looms to close a $1.4 billion budget gap, Brown and lawmakers are instead focusing their efforts on a healthcare provider tax and spending cuts. 14 more words
Tags » Spending Cuts
Democratic leaders in the Oregon House are pushing ahead with plans for another gross-receipts tax on business despite the colossal defeat of Measure 97 last November. 62 more words
Three Democratic lawmakers, including House Speaker Tina Kotek, unveiled an unexpected proposal Thursday for Oregon’s looming $1.6 billion budget shortfall that draws ideas from another plan but includes multi-billion-dollar earmarks for education and long-awaited estimates for spending cuts. 52 more words
Squeezed by rising personnel costs and limited money from the state, the University of Oregon continues to scrape for savings.
UO President Michael Schill on Thursday announced four new spending curbs as part of a continued effort to address an approaching budget shortfall. 14 more words