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Oregon revenue drops sharply, rips $563 million hole in state budget (raise taxes, lose revenue)
OR Live ^ | 5/25/10 | esteve

Posted on 05/28/2010 7:56:10 AM PDT by Ravi

SALEM -- Oregon’s stubbornly bad economy has left a huge hole in the state budget, distressed lawmakers learned today -- $563 million that must be cut from schools and other programs over the next year unless more money comes in.

The figure was reported during the quarterly economic and revenue forecast, delivered minutes ago to a somber gathering of House and Senate revenue committees.

The bad financial news means that either Gov. Ted Kulongoski or the Legislature must take steps to balance the current two-year budget, which

(Excerpt) Read more at oregonlive.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Oregon
KEYWORDS: budget; drops; dudley; hole; million; obama; oregon; revenue; rips; sharply; state
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Go Figure.
1 posted on 05/28/2010 7:56:10 AM PDT by Ravi
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To: Ravi

Maybe they’d better stop euthanising their citizens!


2 posted on 05/28/2010 7:58:35 AM PDT by oldmomster
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To: Ravi

Socialism sucks.

How is that Hope & Change working out Oregon?

How is that “social justice” going?


3 posted on 05/28/2010 7:59:16 AM PDT by Frantzie (Democrats = Party of I*lam)
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To: Ravi; Salvation

Oregon is following the California model and of course getting the same result.


4 posted on 05/28/2010 8:01:17 AM PDT by Zathras
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To: Ravi

Why are schools the first place to start cutting?


5 posted on 05/28/2010 8:01:25 AM PDT by traderrob6
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To: Ravi

Plug that hole!

“...distressed lawmakers learned today — $563 million that must be cut from schools and other programs over the next year unless more money comes in.”

No pay cuts for law makers or their bureaucRats?


6 posted on 05/28/2010 8:01:43 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: Ravi

I believe that Oregon cannot raise taxes without the vote of the people. Since there are so many ex-Californians living there, they will most likely agree to higher taxes.


7 posted on 05/28/2010 8:01:51 AM PDT by RC2
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To: Ravi
One does not need to be a number crunching Geek with mountains of data to see what's going on.

There are very few log and 'chip' trucks on the roads. Frieghtliner (huge truck maker) shipped most of their manufacturing jobs to Mexico, computer companies are laying 1,000 people at a time.

Ahhh ... I love the smell of the New World Order in the morning (not)

8 posted on 05/28/2010 8:02:03 AM PDT by investigateworld (Abortion Stops A Beating Heart)
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To: Dark Wing

Told ‘ya.


9 posted on 05/28/2010 8:02:37 AM PDT by Thud
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To: Ravi

So let’s raise taxes...for the CHIRRUN!!


10 posted on 05/28/2010 8:03:05 AM PDT by Oldpuppymax
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To: traderrob6

Defund all environmental programs.


11 posted on 05/28/2010 8:04:01 AM PDT by verity
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To: RC2

It looks like the looter socialists are finally running out of other people’s money.


12 posted on 05/28/2010 8:09:13 AM PDT by Hoodat (.For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: RC2
"I believe that Oregon cannot raise taxes without the vote of the people. Since there are so many ex-Californians living there, they will most likely agree to higher taxes."

Why not? Oregon is full of dems, and if there's one thing that Geithner, Daschel and Rangel have taught us, it's that dems don't pay taxes anyway

13 posted on 05/28/2010 8:09:39 AM PDT by libs_kma (If you RAM it down our throats in 2009, we're going to SHOVE it up your "donkey" in 2010!!!!!)
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To: Ravi

Oh no!!
Those poor children in Oregon. Those poor, poor children.


14 posted on 05/28/2010 8:12:32 AM PDT by Lancey Howard
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To: traderrob6
Why are schools the first place to start cutting?

Good place as anywhere. They are teaching nothing by communists socialism anyway.

15 posted on 05/28/2010 8:15:21 AM PDT by Logical me
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To: Ravi

But I thought they just all voted to raise taxes on the millionaires. Do ya think they left?


16 posted on 05/28/2010 8:29:12 AM PDT by Suz in AZ
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To: Zathras

I’d love to see a “free-state” movement to Oregon of conservatives from California. I’d be there in a flash if I had the means. Heck, in Oregon you can even own a .50 BMG if you want, whatta concept!

They even got FREE gold there!
http://www.oregongold.net/


17 posted on 05/28/2010 8:33:18 AM PDT by GunsAndBibles (God save Calif. - 'cause it's gonna take a miracle.)
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To: Ravi
They just gotta raise taxes on small businesses, big businesses and the employed!

Yeah, that'll work!

18 posted on 05/28/2010 8:33:59 AM PDT by Redleg Duke (RAT Hunting Season started the evening of March 21st, 2010!)
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To: traderrob6

Same reason a mugger puts a gun to your head.
Give them the money or something bad happens to someone you love.

If they cut something most voters didn’t care about they couldn’t squeeze more money out of taxpayers.


19 posted on 05/28/2010 8:37:12 AM PDT by ctdonath2 (+)
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To: Ravi

Surprise, surprise, surprise!

Hey Oregonians, are you running out of other people’s money?

After Oregonians passed Propositions 66 and 67, which raised both corporate and income taxes (on “high income” individual), other states have been recruiting Oregon businesses. See:

http://www.oregoncatalyst.com/index.php/archives/3018-Mayor-Daley-Thanks-Oregonians-for-Our-Tax-Blunder.html

I wouldn’t be surprised if the well-to-do are moving out also.

The foolish citizens of Oregon are reaping what they have sown.

I’m waiting for them to CUT government spending, but I’m not holding my breath. HaHaHaHaHaHa - you bunch of fools.


20 posted on 05/28/2010 8:41:03 AM PDT by bkopto
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To: Ravi

That’s what the state gets for having so many stupid voters.


21 posted on 05/28/2010 8:51:18 AM PDT by Tolerance Sucks Rocks (70 mph shouldn't be a speed limit; it shoud be a mandate!)
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To: GunsAndBibles
They even got FREE gold there!
http://www.oregongold.net/

Yeah, and all the gold in California is in a bank in the middle of Beverly Hills in somebody else's name.

22 posted on 05/28/2010 9:08:28 AM PDT by tnlibertarian
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To: tnlibertarian

Yeah, and all the gold in California is in a bank in the middle of Beverly Hills in somebody else’s name.

More likely, Zurich


23 posted on 05/28/2010 9:25:19 AM PDT by GunsAndBibles (God save Calif. - 'cause it's gonna take a miracle.)
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To: Ravi

They SWORE up and down that Measures 66 and 67 would FIX all the budget problems. That we had to pass it to save our children and the schools!

Raise taxes, and you will LOWER revenues because business will LEAVE the state, existing Businesses WILL NOT HIRE because they can’t afford to. Some will fire employees because they can’t afford them anymore.

The liberal retards running this state are KILLING it. They are so mind bogglingly stupid it defies description. Measures 66 and 67 were the largest tax increases in the state’s history.

Now what are they gonna do? You guessed it, RAISE TAXES AGAIN.

MORONS!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Get this, to send my child to full day Kindergarten... it would cost me another 290$ a month. Yes, you got it, PAY for public school, and pay taxes for it.

What can you do? The liberals here out number the people with working brains..... Its astounding. “Hey its not working, so do more of it” Its insanity what we are hearing from the liberals... insanity.


24 posted on 05/28/2010 9:31:38 AM PDT by Danae (Don't like the Constitution, try living in a country with out one.)
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To: RC2

They already did, in Feb. Measures 66 and 67 were supposed to be the fix.... it was the largest tax hike in the history of the state.

It KILLED state revenues as well as any hope of economic recovery here.

Freaking moronic idiots...


25 posted on 05/28/2010 9:33:07 AM PDT by Danae (Don't like the Constitution, try living in a country with out one.)
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To: ctdonath2

That was the answer I was looking for.


26 posted on 05/28/2010 10:08:23 AM PDT by traderrob6
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To: Zathras

Thanks for the ping.


27 posted on 05/28/2010 10:28:13 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: Ravi; abcraghead; aimhigh; Archie Bunker on steroids; bicycle thug; blackie; coffeebreak; ...
Oregon Ping

Please notify me via FReepmail if you would like to be added to or taken off the Oregon Ping List.

28 posted on 05/28/2010 10:30:23 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: Oldpuppymax
That's why our idiot voters passed 66 and 67 in February. The teachers’ union spent something like $3 million to scare the sheeple into a YES vote.

Here we go again...

29 posted on 05/28/2010 10:34:14 PM PDT by Carling (Remember November)
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To: traderrob6

“Why are schools the first place to start cutting?”

Because, if it is anything like Cali, it is the BIGGEST part of the budget.


30 posted on 05/28/2010 10:36:20 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: bkopto

You’re not in much better shape there, neighbor. Daley has already stolen one major company from you.


31 posted on 05/28/2010 10:36:36 PM PDT by Carling (Remember November)
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To: GunsAndBibles

Oregon has very liberal gun laws.

Class III is legal and easy to get, CCW is shall-issue, with no artifical limits like no carry in parks, churches, etc.

There’s no waiting period for CCW holders. Private sale are legal, there’s no mandatory registration for guns...all in all it’s a good state to be a gun owner in.

And where I live, Southern Oregon, it’s pretty conservative.

Ed


32 posted on 05/29/2010 1:23:49 AM PDT by Sir_Ed
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To: traderrob6
Why are schools the first place to start cutting?

The majority of the state's general fund goes to schools. And after last year's dispersion of money, many school districts responded by granting raise, while the rest of the state employees took pay cuts. Teacher greed is the most powerful force in Oregon.

33 posted on 05/29/2010 7:45:26 AM PDT by aimhigh
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To: Sir_Ed; tubebender; SierraWasp

We need to renew the thinking of a State of Jefferson with the conservative counties in Californicator and those in Oregone.

Put in Californicator’s Prop 13 to protect home and business owners and use Oregone’s no retail taxes to protect the little person buying stuff each week to live on.

Fire every teacher, principal and anyone getting a paycheck from a school district. Then put the schools into a business mode.

Ban every public union and declare SEIU members as persona non grata and give them 48 hours to leave the new state.

Ban every non profit in the new state of Jefferson.

Then, repeal every frigging green law that has killed/is killing the lumber industries, ranching, farming, professional fishing and other honest ways to make a living. Give every green commie whacko 24 hours to get out of the state of Jefferson and put a bounty on those, who ignored the get out orders.

Allow any non criminal and sane person 18 and over to carry a gun after a simple firearm safety test is passed like the one we have for new hunters in Californicator land. Then have a two strike law with the exception serious crimes against other. Then, one strike would remove the criminal.

Last but not least, legislators would work from their homes via the internet for free and serve one term of 2 years. There might be no need for a governor after the Terminator and the terrible liberal governors in Oregone.

Then let the left wing liberals left in Califonicator land and Oregone tax themselves into total destruction.


34 posted on 05/29/2010 8:48:01 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave
Agreed!!!

And if the current "State of Jefferson" doesn't want to join in the fun, then lets make a state called "Sierra Republic" made up of "red" voting counties with contiguous boundaries only!!!

35 posted on 05/29/2010 10:12:02 AM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: SierraWasp

BTT


36 posted on 05/29/2010 10:15:30 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: RC2
Actually the constitutional requirement in Oregon is that tax and fee increases require a supermajority in the legislature. In last year's session legislative Democrats (and Republicans) approved two major business tax increases, applying mainly to gross receipts (as opposed to profits).

Now, we have relatively easy access to referendum here and those two legislative actions were referred to the voters with a lot of help and guidance from one of my favorite groups, Americans For Prosperity.

Since there are so many ex-Californians living there, they will most likely agree to higher taxes.

And late last year those ill informed voters did exactly that. And it did bring forth, almost immediately, the expected exodus of many small businesses from the state. Those on the thin edge of profitability, seeing new taxes taking them into the red, have absolutely NO REASON to remain in Oregon, and they are leaving.

37 posted on 05/29/2010 10:48:05 AM PDT by Clinging Bitterly (We need to limit political office holders to two terms. One in office, and one in prison.)
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To: SierraWasp
Ya know, I recently moved to Jefferson State (Klamath County) and what I have found here is actually quite disturbing. Rather than the expected group of conservative folks pulling themselves up by their own bootstraps, I see a bunch of people with absolutely NO AMBITION to do more than is necessary to maintain the STATUS QUO.

With that kind of attitude it is no surprise (official) unemployment here remains at 15%.

38 posted on 05/29/2010 10:56:34 AM PDT by Clinging Bitterly (We need to limit political office holders to two terms. One in office, and one in prison.)
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To: Clinging Bitterly; marsh2; AuntB; george76; Grampa Dave; forester; tubebender; hedgetrimmer; ...
My understanding from a relative that lives in Siskayou County, just across your border, the Fed has destroyed the timber industry at the urging of the militant, medling EnvironMentalists and put way over half the population on some form of public assistance including foodstamps.

Marsh2 can correct this if I am wrong and I hope she will. But it appears to me that your county on your side of the state line and ours on our side have all become Obama voters, getting more and more comfortable with public assistance and endless extensions in unemployment benefits that went bankrupt as an "insurance" scheme just as Obama hit the Oval Orrofice in 2009!!!

The Democrats have turned the majority into somnambulistic zombies who cannot help voting in their own self interest, especially those who cannot afford the cost of their precious Marijuana for medicinal purposes only, of course./s

Now the damned EnvironMentalist have convinced the government of CA to rip out four perfectly good reservoirs on the Klamath River which will REALLY harm the environment by causing the late summer flows to drop to zero for the salmon who better start growing legs.

To say nothing of the collection of toxics to be exposed at the bottom of these dammed reservoirs!!!

The EnvironMentalists have such inordinate influence over our intimidated electeds that local elected officials are just run over roughshod, with absolutely no regard for anything, including the dammed fish!!! (who do know how to use fish ladders by now)

Yes, I'm afraid you are right and the State of Jefferson has now been truly "still born!" It's not a conspirisy, but it is inexorable orchestration and it's spreading as I type this!!!

39 posted on 05/29/2010 6:36:33 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: Grampa Dave

Amen, brother, I could live in a state like that.

I have more in common with the rednecks and loggers in Yreka and Northern California than I do with the granola crunching Gaia worshippers in the Tri-County Metro area up North that have destroyed our state.

And yeah, they’ve destroyed logging, too. I used to be a logger and when I came here from North Idaho 25 years ago there were several dozen mills in Southern Oregon, all offering family-wage jobs.

Now we are down to ONE mill in JoCo and they have to buy their timber from California, as there are no timber sales open down here...the enviromentally-deranged fascists file lawsuits against every sale that comes up.

Thanks, Grandpa Dave!

Ed


40 posted on 05/29/2010 11:53:29 PM PDT by Sir_Ed
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To: SierraWasp

I dare say you are right about what you say, but I maintain what has been “done to” those folks (or any of us) is not an excuse for such attitudes.


41 posted on 05/30/2010 12:23:55 AM PDT by Clinging Bitterly (We need to limit political office holders to two terms. One in office, and one in prison.)
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To: SierraWasp

The economy is lousy. We never recovered from the devastation of the Northwest Forest Plan on our timber communities. They have systematically gone after the Upper Basin farmers, the suction dredge miners, the mid-basin farmers, the proposed geothermal plant, the proposed cogeneration facility, the proposed water bottling plant and the four dams. They are proposing two National monuments. Mercy medical just layed off 50 people, Coca Cola is closing its water bottling plant and our County government is laying off about 50 people. Unemployment was at 18.5% before all the layoffs. There are no jobs here.

http://www.sisqtel.net/armstrng/


42 posted on 05/30/2010 1:36:25 AM PDT by marsh2
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To: Sir_Ed

You are with the good guys versus the economic terrorists hiding under their green flags.

Hell, the last I heard the Green Economic Terrorists were preventing sales of trees that had died due to forest fires and other causes.


43 posted on 05/30/2010 6:46:47 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: traderrob6
Why are schools the first place to start cutting?

Because the legislature is so far unwilling to reduce state salaries, and benefits; including gold-plated retirement benefits and pensions.

44 posted on 05/30/2010 6:51:49 AM PDT by SeaHawkFan
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To: marsh2; SierraWasp; tubebender

The Green Economic Terrorists want no industries, ranches, farms and anyone making an honest living from the land they own in every county in Californicator and Oregone from the ocean to Nevada.

This Green Economic Terrorism has been going on since the spotted owl bs, and they continue to add species to the protected list.

One of the biggest phoney protected species is the Coho/Silver Salmon in the Klamath rivers. The so called protected species came from transplants from Oregone in the early 1900s.

The Coho can’t survive in rivers that can go dry during our normal summers with no rain.


45 posted on 05/30/2010 6:56:38 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Sir_Ed; SierraWasp

“I have more in common with the rednecks and loggers in Yreka and Northern California than I do with the granola crunching Gaia worshippers in the Tri-County Metro area up North that have destroyed our state.”

Precisely!


46 posted on 05/30/2010 9:23:35 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: Grampa Dave
No kidding. The salmon thing started in the '70s with the expanded introduction of hatchery and farm raised salmon into the wild. I continue to believe it was the gathering of stock for farming that caused any decline in "native" runs that may have occurred, though it is evident those fisheries have recovered. I lived among some of the spawning areas that were being harvested to jump-start that industry, and what I saw was NOT good.

Now, the dirt worshipers continue to argue the runs are in decline, saying those fish which descend from a lineage once hatchery raised don't count. A few years ago Judge Hogan ruled a species is a species and when in native habitat there is no distinction. It seemed to me a good ruling at the time but not much has changed as a result.

The ec0-movement's aim has always been to eliminate enterprise and profit in the realm, turning power and control over natural resources to the government. But at the top of every cause we find one or more Naked Emperors making themselves very wealthy seeing to it the money spent to "save the planet" flows through their own pockets.

47 posted on 05/30/2010 12:57:16 PM PDT by Clinging Bitterly (We need to limit political office holders to two terms. One in office, and one in prison.)
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To: Clinging Bitterly; marsh2; Grampa Dave; Sir_Ed
I love how your screen name resonates against the cheap shot our post-American POTUS tried to sneak under the radar at so many of us!!!

Nothing has been done to almost none of "those folks" in their lifetimes. They have lapsed into the sweet sleep of those living off the GovernMental theivery of those who do produce profits, industry and wealth by getting off their dead differentials to acheive and to aspire just a little bit!!!

It's rotting America's soul from the inside out!!!

48 posted on 05/30/2010 9:07:00 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: AuntB; Grampa Dave
Yes, and now you are gone from Oregone!!!
49 posted on 05/30/2010 9:10:07 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: AuntB

From the frying pan, directly into the fire!!!


50 posted on 05/30/2010 9:11:42 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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