Friday, January 14, 2011

10% State Budget Cuts Loom, Myers Warns

Senator David Myers
From www.newsok.com ~ The head of the Senate committee overseeing the state budget is warning agency heads to prepare for funding cuts of up to 10 percent and directed them to produce plans on how to make the reductions.

Senator David Myers, the new head of the powerful Senate Appropriations Committee, said Thursday he has begun giving agency heads the bad news as legislative leaders consider ways of filling a deficit estimated at nearly $600 million, or 10 percent of the overall state budget.

Some agency officials were shaken by the magnitude of the potential cuts, he said. “They're giving us those responses, which in some cases are pretty painful,” Myers, R-Ponca City, said in an interview with The Associated Press.

“We're going to have to look at those and evaluate how much pain do we want to put here or there. We're going to be looking at that very steadily over the next few months.”

Read more: http://newsok.com/oklahoma-budgets-could-be-cut-up-to-10-percent/article/3532143#ixzz1B0pXzzaY.

Share |