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Audio by title 2009_oregon_budget_winners_and_losers

Winners and Losers in the 2009 Oregon Budget

program date: 
Wed, 01/07/2009

As the economic landscape worsens, lawmakers face the daunting task of deciding how to keep Oregon running with a shrinking pool of dollars. The most recent forecast by the Oregon Office of Economic Analysis sees the recession deepening over the next 12 months with unemployment increasing beyond the current 7.3 percent with a commensurate decline in state revenue from personal income taxes. Reduced business activity will also cause a drop in revenue from corporate taxes. The "budget hole" for the coming 2009-2011 period is estimated to be at least $1.2 billion.

57:19 minutes (45.92 MB)
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