Oregon House Speaker Tina Kotek said that two key bills to balance the state budget will pass this week.
Oregon House Speaker Tina Kotek said that two key bills to balance the state budget will pass this week.
The House has scheduled votes Wednesday on bills that whittle down the cost of public employee pensions and raise $275 million in new revenue mainly by increasing corporate tax rates and reducing deductions for the wealthy. Passage would represent a tipping point of the 2013 session, although the plan could still be derailed in the Senate.
Reducing pension benefits requires only a simple majority in the House, which is controlled by Democrats. But raising taxes takes a three-fifths majority, which means at least two Republicans would have to break ranks.
Read more at OregonLive.com.
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