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If 2010 Sucked for Oklahoma, 2012 Will Really Blow


By Brian Altenhofel - Posted on 13 July 2010

Oklahoma State Treasurer Scott Meacham announced today that Fiscal Year 2010 showed the largest decrease in revenue in state history.  Meacham did say that "all signs point toward better times ahead."  Obviously, he is very short-sighted.

Why do I say that?  Because the budget (is that what they really call that mess?) for 2011 relies upon nearly a billion dollars in funds that are only available that one time.  That means that we are already facing a $1 Billion deficit for 2012, and we have barely even gotten into 2011!

And if State Question 744 passes, you can add another billion dollars to that deficit.  Who elects these people?

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