Oregon is among nine states in economic peril that could follow California’s budget fall.
A new study by the Pew Center names Oregon as one of nine states that could follow California’s budget trend.
Virtually all 50 states have faced spending cuts and government layoffs — and for many, tax increases — as a result of the nation’s worst economic downturn since the Great Depression of the 1930s. But California, the nation’s most populous state, has been hit the worst for a variety of reasons — and it has affected all three neighboring states.
“It is hard to imagine that what happens in California doesn’t have an effect outside California,” said Susan Urahn, the managing director of the Pew Center on the States, during a conference call with reporters from Washington, D.C.
Read the full story at the Statesman Journal.
{biztweet}Oregon economy{/biztweet}
