No rapid recovery expected for Oklahoma’s economy

“The question becomes do we want steep cuts, or should we try to smooth them out over the next couple of years and use our $1 billion over the next couple of years?” Gov. Kevin Stitt said.


Employment in Oklahoma is not expected to rebound to pre-coronavirus levels for two years, and state tax collections are falling to 2016 levels. In response, Gov. Kevin Stitt called on lawmakers to tap state savings and to reduce spending to “smooth out” financial challenges over the next few ye...

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from Oklahoma Council of Public Affairs No rapid recovery expected for Oklahoma’s economy