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Archive Home > 2001 > November > 30 > State faces $720.1 million shortfall

State faces $720.1 million shortfall

Tax increase shouldn't be on the table, Republican leaders say

By James Sinks / The Bulletin
November 30, 2001

State economists said today that Oregon is now expected to collect $720.1 million less than what's needed to fully fund the two-year budget approved by lawmakers in July.

That projected shortfall, which is more than double the estimate of just three months ago, represents a roughly 6 percent....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.