Smith Urges Caution Despite State’s Positive Revenue Forecast

0
573

Oregon State Rep. Greg Smith (R-Heppner) released the following statement in response to the revenue forecast announced today:

State Rep. Greg Smith

“Today’s revenue forecast continues the upward trend of previous forecasts,” said Smith. “Despite the crises of the past two years, Oregon’s economy shows resiliency as its growth persists. However, it would be wise to remember that this strong economy Oregon is currently experiencing has been boosted by federal borrowing that may not be available in the future. Fiscal prudence is paramount when managing Oregon’s finances. However, a balanced approach is also essential and, as a Legislature, we must continue investing in critical programs.”