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PORTLAND:
729 N.E. Oregon Street
Suite 115
Portland, OR 97232
t: (503) 231-2300
f: (503) 230-5413
WASHINGTON D.C.:
2267 Rayburn House Office Building
Washington, DC 20515
t: (202) 225-4811
f: (202) 225-8941
| Getting Oregon the Federal Help it Needs |
| Tuesday, 27 January 2009 | |
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I was encouraged by a report from the House Appropriations and Transportation and Infrastructure Committees and the Center on Budget and Policy Priorities that says Oregon is slated to receive more than $2.1 billion in federal stimulus under the American Economic Recovery and Reinvestment Act. I am also encouraged by the economic assistance Oregon will receive through the tax provisions passed in the Ways and Means Committee last week. Our economy is struggling and more vulnerable than it's been in decades. American families and businesses need this assistance more than ever and they need it now. This funding will help create jobs for Oregonians and help those who are trying to rebound from a recent lay-off, while making long-term investments in Oregon's infrastructure, schools, and health care system thereby laying the foundation for fiscal sustainability in the future. For a detailed breakdown on the funding, see the following table of numbers released by the House Appropriations and Transportation and Infrastructure Committees and the Center on Budget and Policy Priorities.
State Fiscal Stabilization Fund $747,154,000 |
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