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S.Q. 744 'most dangerous' policy proposal, Treasurer Meacham says

S.Q. 744 'most dangerous' policy proposal, Treasurer Meacham says

Capitol Beat OK

Patrick B. McGuigan
Published: 27-Sep-2010

Oklahoma state Treasurer Scott Meacham sharply criticized State Question 744, the ballot initiative backed by the state’s largest labor union,in an interview today (Monday, September 27) with CapitolBeatOK.

Meacham said, “I think this is the most dangerous potential fiscal policy that we’ve seen in this state, to date.” He said it was in his view “absolutely the most ill-conceived fiscal policy” brought before state voters.

The treasurer, a Democrat who is not seeking reelection, said S.Q. 744 “would be devastating to the state’s ability to finance public safety, mental health programs, health care programs and every other area of government other than K-12 education.”

Meacham continued, “I think this is a very bad idea from a policy standpoint. We in Oklahoma are at the tail end of a true recession. While Oklahoma has weathered the storm and is looking at a slow and positive recovery, we likely face additional budget cuts in the near future. This proposal, if passed, would assure yet another round of cuts during or at the end of its three years of implementation.”  FULL ARTICLE

 

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