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Stress Test: State can weather another 'Great Recession' - Vimarsana News

Stress Test: State can weather another 'Great Recession'

Published: January 23, 2024

If Oklahoma faces another economic recession comparable to the housing-crash-induced “Great Recession” of 2008 to 2010, state government will require $6.14 billion in savings to cover all associated downfalls over

Source: citynewsokc.com
Related Topics:
Oklahoma CityUnited StatesKevin StittTodd RussJulia KirtRegina BirchumMary FallinChairmankevin WallacePreservation FundRainy Day FundRevenue FundOffice Of Fiscal TransparencySenate Appropriation CommitteeMoody Analytics TeamRevenue Stabilization FundLegislative OfficeFiscal TransparencyPew Charitable TrustsFederal Medical Assistance PercentageGeneral Revenue FundGreat DepressionState TreasurerHouse AppropriationsBudget Chairmankevin WallaceThe Economy
Study: Oklahoma's reserves can't survive economic downtown - Vimarsana News

Study: Oklahoma's reserves can't survive economic downtown

Published: January 19, 2024

The "stress test" had a 4.7% annual revenue increase as a baseline. The LOFT/Moody's Analytics report comes as Gov. Kevin Stitt is applying pressure for lawmakers to cut income taxes.

Source: tulsaworld.com
Related Topics:
Oklahoma CityUnited StatesRoger ThompsonJulia KirtKevin StittKevin WallaceJeromy KnappRegina BirchumMoody Analytics TeamOklahoma Tax CommissionHouse Appropriations CommitteeOffice Of Financial TransparencyLegislative OfficeFinancial TransparencyAnalytics TeamAppropriations Committee Chairman Roger ThompsonD Oklahoma CityGreat RecessionTulsa WorldThe EconomyUblic FinancingEvenue Services