Skip to Site Navigation | Skip to Content

Budget's tough choices guaranteed to displease (EDITORIAL)

Budget's tough choices guaranteed to displease (EDITORIAL)

GOV. Brad Henry and legislative leaders spent many long days and nights on what was surely the most difficult task they had faced in their time at the Legislature — producing a budget with $1.2 billion less available to them than a year ago.

THE OKLAHOMAN EDITORIAL
Published: May 26, 2010

GOV. Brad Henry and legislative leaders spent many long days and nights on what was surely the most difficult task they had faced in their time at the Legislature — producing a budget with $1.2 billion less available to them than a year ago. The agreement was reached last week. Lawmakers are now racing toward what they hope is Friday adjournment as scheduled.

Some of their work includes dealing with legislation designed to add revenue to state coffers. One such bill would establish a 1 percent fee on health care claims to beef up the state’s Medicaid program. Insurance companies and companies that self-insure their employees would pay the fee, which would generate about $78 million a year and be matched with about $190 million in federal funds.

The Greater Oklahoma City Chamber is among those opposed to the measure, calling it "a huge step backward” and a burden to those companies. If the measure were to fail, Henry and budget negotiators would have to find another way to come up with the anticipated $268 million or look for other places to cut that amount from the 2011 budget. FULL ARTICLE

 

No comments (Add your own)

Add a New Comment


code
 

Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.