Senate Republican Leader, Herman Baertschiger, Jr. (R-Grants Pass) issued the following statement following the release of the quarterly economic and revenue forecast:

 “Taxpayers will rightfully get back a record kicker of over $1.7 billion dollars, but it could have been more. In a time of record revenue, it’s still not enough money for Democrats who decided to raise taxes and fees by billions of dollars. I fail to understand why the Democrats passed the billion-dollar gross receipts sales tax disguised as an education bill, that Oregonians voted down in 2016, when we have an excess of money. Had the disastrous cap and trade legislation passed, even more taxes would have been taken from hard-working Oregonians’ pockets. Cap and trade creates a slush fund for the executive branch, and the governor is bringing back the legislation during the February short session.”

House Speaker Tina Kotek released the following statement on the December economic and revenue forecast:

“I’m pleased that prudent financial decisions have resulted in another strong economic forecast and put Oregon on track to maintain historic reserves. The Legislature must always be careful to maintain these savings to prepare for tougher economic times. If we make any additional investments next year based on these reserves, they must be urgent priorities.”

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