OREGON HOUSE REPUBLICANS

FOR IMMEDIATE RELEASE	CONTACT: Nick Smith
November 17, 2011	503-986-1351

HOUSE REPUBLICAN LEADER COMMENTS ON

DECEMBER REVENUE FORECAST

SALEM— House Republican Leader Kevin Cameron (R-Salem) had the following to say regarding the December 2011 economic and revenue forecast:

“In developing the 2011-13 budget, House Republicans insisted the Legislature set aside significant reserves to protect Oregon from a weak economic recovery or even a double-dip recession.  Despite the special interest attacks, the last three revenue forecasts have vindicated our position.

“During these uncertain times, the Legislature must prioritize programs, cut unnecessary spending, and protect our schools, public safety agencies and human services.  House Republicans will continue to work across the aisle to find solutions, and we’re willing to make the tough decisions to keep our state budget in balance.

“The economic forecast and October’s unemployment report shows that Oregon’s job growth remains weak.   Private sector job creation is our only long-term solution for generating the tax revenues we need to sustain essential services.  That’s why House Republicans will return to the Legislature in February with proposals that will help generate new private sector jobs and put Oregonians back to work.” 

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