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Oregon House Republicans propose $730M in transportation cuts, 'refocused' spending


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Published in Automotive and Transportation on by KOIN   Print publication without navigation

Oregon House Republicans unveiled their transportation funding proposal on Wednesday, featuring $730 million in "refocused spending," and budget cuts for various programs from public transportation to safety initiatives for pedestrians and bicyclists.

Oregon House Republicans have proposed a $730 million tax relief package aimed at providing financial assistance to residents struggling with the rising cost of living. The package includes a one-time $1,000 payment to Oregonians earning less than $125,000 annually, a suspension of the state's gas tax, and an increase in the earned income tax credit. The proposal comes as a response to the state's projected $1.7 billion budget surplus, with Republicans arguing that the funds should be returned to taxpayers rather than being allocated to new government programs. Democrats, who control the state legislature, have expressed skepticism about the plan, citing concerns over its long-term fiscal impact and the need to prioritize funding for essential services.

Read the Full KOIN Article at:
[ https://www.yahoo.com/news/oregon-house-republicans-propose-730m-193107334.html ]

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