Lawmakers reach bipartisan agreement on Oregon budget


The three co-chairs of the budget-writing Ways and Means Committee arrived at a bipartisan agreement for Oregon’s next two-year budget.

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The three co-chairs of the budget-writing Ways and Means Committee arrived at a bipartisan agreement for Oregon’s next two-year budget.

The agreement marks a successful test of a power-sharing agreement in the House, where an even split between Republicans and Democrats means neither party has a majority in the chamber. The parties agreed to appoint two House co-chairs — one from each party — to the joint Ways and Means Committee.

The bi-partisan arrangement “is good for Oregon because it forces compromise and a rational approach instead of a more partisan approach,” [Rep. Dennis Richardson, R-Central Point] said.

The Legislature has to close a $3.5 billion gap between revenue and the projected cost of continuing current services.

Read more at Businessweek.

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