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Next Oklahoma governor will face ‘brutal’ budget

Next Oklahoma governor will face ‘brutal’ budget

NewsOK.com

FINANCESFUNDING SHORTAGE EXPECTED TO CONTINUE

BY MICHAEL MCNUTT
Published: January 3, 2010

Whoever is elected governor this year will have to deal with leading Oklahoma out of its budget woes.

And the new governor will have to do it without the help of about $1.2 billion in reserve funds — a state savings account gradually built up to nearly $600 million and a similar amount in federal stimulus funds — that legislators and Gov. Brad Henry have available to draw from this session.

Lt. Gov. Jari Askins and Attorney General Drew Edmondson, both Democrats, and state Sen. Randy Brogdon and U.S. Rep. Mary Fallin, both Republicans, said they’re prepared to resuscitate Oklahoma’s ailing economy.

Voters will elect their political party nominees July 27; Oklahoma’s 27th governor will be elected Nov. 2... FULL ARTIICLE


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