Oregon will have plenty to spend on public services as corporate tax collections are increasing in a strong post-pandemic economy. State economists say total general fund resources increased by $437 million. Democratic Gov. Tina Kotek welcomed the news contained in the latest revenue forecast and called for investments in housing production and other urgent needs. Rep. Vikki Breese-Iverson, leader of the minority Republicans in the Oregon House of Representatives, urged that funds be dedicated to combatting crime and the flood of fentanyl into the state. State economists say that as inflation slows, income gains are outpacing price increases, leading to rising living standards.
