Friday, August 28, 2020

Oregon Health Authority prepares for potential 20% budget cut

The Lund Report
The Oregon Health Authority is drawing up scenarios that would detail what a 20% cut would look like in the next budget. The budget exercise does not mean that lawmakers would slice that much from the agency’s $2.7 billion-dollar general fund budget but it does signal that the agency expects more cuts. State economists project a revenue shortfall of about $4 billion in the next biennium, and Oregon is still trying to dig out of an economic nosedive after businesses shuttered and hospitals temporarily halted elective surgeries to slow the spread of COVID-19.

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