Oklahoma budget shortfall looms

In the past year, Oklahoma state government’s total savings have reached $1 billion, a historic level. But much of that money may soon be gone due to the economic repercussions of declining oil prices and the coronavirus event.


The total decline for the 2021 state budget could approach $600 million. And that doesn’t appear to account for new spending mandated by Medicaid expansion, which could cost up to $374 million annually.

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from Oklahoma Council of Public Affairs Oklahoma budget shortfall looms