Bend / Central Oregon News, Sports, Business, Weather, Entertainment, Classifieds and Local & State Headlines | The Bulletin

Use Advanced Search to filter by date and category. *keyword is required in search field.
start date (MM-DD-YYYY):
 -  - 
end date (MM-DD-YYYY):
 -  - 
category:
Archive Home > 2009 > June > 11 > No tax hike this time, so deficit is looming

No tax hike this time, so deficit is looming

Democrats saw a chance to plug a bit of Oregon’s budget hole, while others balked at a permanent tax increase. But the issue isn’t over yet in Salem.

By Nick Budnick / The Bulletin
June 11, 2009

SALEM — Facing a $4.2 billion hole in the next state budget, the state Senate on Wednesday failed to pass personal and corporate tax increases, a vote which most observers had considered a sure thing.

Instead, after the corporate tax increase failed to garner the necessary two-thirds....

Read complete article

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