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Another harm from the monstrous U.S. House reconciliation bill: less state revenue
Manage episode 488413350 series 2949074
The reconciliation bill passed by the U.S. House is truly monstrous, slashing health care and nutrition assistance to help pay for tax cuts that mainly would go to the rich. But there's more harm that would flow from the bill.
One thing that hasn't gotten a lot of attention is the fact that the reconciliation bill threatens to shrink Oregon revenue collections, due to the way our state tax code connects to the federal tax code. As OCPP Deputy Director Daniel Hauser explains in this episode of Policy for the People, if the US House reconciliation bill becomes law and the Oregon legislature does nothing, Oregon will end up having less money to address the needs of Oregonians, just when there will be greater need due to the federal cuts to health care and nutrition assistance.
60 episodes
Manage episode 488413350 series 2949074
The reconciliation bill passed by the U.S. House is truly monstrous, slashing health care and nutrition assistance to help pay for tax cuts that mainly would go to the rich. But there's more harm that would flow from the bill.
One thing that hasn't gotten a lot of attention is the fact that the reconciliation bill threatens to shrink Oregon revenue collections, due to the way our state tax code connects to the federal tax code. As OCPP Deputy Director Daniel Hauser explains in this episode of Policy for the People, if the US House reconciliation bill becomes law and the Oregon legislature does nothing, Oregon will end up having less money to address the needs of Oregonians, just when there will be greater need due to the federal cuts to health care and nutrition assistance.
60 episodes
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