Thursday, May 7, 2020

House budget debate pits tax increases against spending restraint, savings

“We didn’t want to burn through all of our available resources in this fiscal year and set ourselves up for failure in FY22,” said Rep. Kyle Hilbert. “That would be awful.”


House lawmakers voted Thursday to send legislation to Gov. Kevin Stitt that relies on modest spending reductions and use of savings rather than tax increases to cover a $1.3 billion shortfall.

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from Oklahoma Council of Public Affairs House budget debate pits tax increases against spending restraint, savings