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News / Northwest

Oregon revenue forecast expected Tuesday

The Columbian
Published: May 21, 2012, 5:00pm

SALEM, Ore. (AP) — State economists are scheduled to release the revenue and economic forecast on Tuesday.

The quarterly forecast shows how much money the state is expected to collect and sometimes requires lawmakers to adjust the budget.

The Legislature’s Emergency Board is scheduled to take action Wednesday on a plan to cut $28 million in spending. Lawmakers voted this year to require those cuts for middle managers, advertising and contracting.

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