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THE CALIFORNIA Journal of Politics & Policy Volume 3, Issue 2 Avoiding Hard Choices: Oregon’s Special Session to Amend the 2009-2011 Budget Donald J. Stabrowski University of Portland Abstract At the end of a biennial session Oregon legislators realized their just approved, $15 billion two-year budget depended on very fragile and optimistic forecasts for the revenue needed to balance. If the economy didn’t improve, they faced a billion dollar plus shortfall. There was a glimmer of hope in the federal stimulus and the promise of a billion dollars from increases in the personal income tax. Legislators hoped that both would materialize, and in the end the budget would be balanced for the entire two-year cycle. It was known at the time that these new taxes would probably be challenged by tax payers through a referendum, so hurriedly before leaving Salem; they set February 2, 2010 for the opening date of a special session that would address budget shortfalls should the new taxes be struck down. Keywords: Oregon budget, state budgets, fiscal policy, state taxes www.bepress.com/cjpp

Avoiding Hard Choices: Oregon's Special Session to Amend the 2009-2011 Budget