Press Release: Representative Greg Smith Comments on Quarterly Revenue Forecast

“Today’s revenue forecast continues the upward trend of previous forecasts. Despite the crises of the past two years, Oregon’s economy shows resiliency as its growth persists. However, it would be wise to remember that this strong economy Oregon is currently experiencing has been boosted by federal borrowing that may not be available in the future. Additionally, this borrowing and has caused a major rise in inflation. Fiscal prudence is paramount when managing Oregon’s finances. However, a balanced approach is also essential and, as a Legislature, we must continue investing in critical programs.”

Representative Greg Smith is currently serving his eleventh term as an Oregon State Representative, making him the longest serving member in the House of Representatives. He holds a gavel as the Co-Chair of the Joint Ways and Means Subcommittee on General Government. Representative Smith also serves as the Co-Vice Chair of the full Joint Ways and Means Committee. Additionally, he is the ranking member on the House Revenue and Joint Legislative Audits Committees. To reach out, please visit Rep Smith’s Facebook Page or send him an email at rep.gregsmith@oregonlegislature.gov