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Billion Schmillion: Okla. budget woes don’t add up

Billion Schmillion: Okla. budget woes don’t add up

 

The Journal Record

By Sean Murphy
Associated Press

Posted: 10:43 PM Thursday, February 11, 2010

OKLAHOMA CITY – The rhetoric doesn’t match the math when Gov. Brad Henry talks about plugging a billion-dollar shortfall in Oklahoma’s current budget.

While the deficit is huge – $729 million – it is well short of the “more than $1 billion” Henry has cited since his State of the State address Feb. 1.

“It just doesn’t reflect the actual shortfall this year,” said David Blatt, director of policy for the Oklahoma Policy Institute think tank and a former budget analyst for the Oklahoma Senate.

State Treasurer Scott Meacham acknowledged Thursday that the $1 billion figure does not accurately describe Oklahoma’s budget problem... FULL ARTICLE

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