Press Release: Representative Greg Smith Comments on Quarterly Revenue Forecast
The Honorable Greg SmithOregon House of Representatives
District 57
FOR IMMEDIATE RELEASE:
February 7, 2024
Representative Greg Smith Comments on Quarterly Revenue Forecast
SALEM, Ore. – Representative Greg Smith (R-Heppner) released the following statement in response to the Office of Economic Analysis’s March Economic and Revenue Forecast announced today:
“Today’s revenue forecast continued the upward trend of previous forecasts, however, it was only a slight uptick. Given this, fiscal prudence is paramount when managing Oregon’s finances and balancing the budget. The legislature must prepare for a potential drop in the economy by bolstering Oregon’s savings. We must allocate more dollars to the rainy-day fund, so that the State can protect it’s critical programs, including education, health care, and public safety.”
Representative Greg Smith is currently serving his twelfth term as a State Representative, making him the longest serving member in the Oregon Legislature, as well as the 4th longest serving State Representative in Oregon history. 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 Committee. To reach out, please visit Rep Smith’s Facebook Page or send him an email at rep.gregsmith@oregonlegislature.gov
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CONTACT INFORMATION:
Representative Greg Smith
541-993-5236