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Oregon Business & Industry Responds to May 2021 Economic Forecast

The May revenue forecast, released today, shows that Oregon’s state tax collections are at a record high, and that is expected to continue for the next several years. With billions in federal aid on the way and these astonishingly strong tax collections flowing to state coffers, Oregon lawmakers have more than enough money to balance the existing budget and create a reasonable spending plan for the next fiscal biennium.

Oregon Business & Industry Statement on Recent Demonstrations

For more information call: Nathaniel Brown, government relations representative: nathanielbrown@oregonbusinessindustry.com or 971-219-5561   FOR IMMEDIATE RELEASE “Across Oregon, and the nation, Americans are living through a very painful and multi-layered crisis. Some 40 million Americans, 400,000 in Oregon, have lost their jobs because of the coronavirus crisis, and the tragic death of George Floyd in Minneapolis brought…