revenue

Oregon lawmakers didn't get much by way of good news Wednesday with the release of the latest revenue projections . Those show a $52 million drop in anticipated revenue during the upcoming budget cycle. That means lawmakers will have to patch up an even bigger budget shortfall, which is already expected to exceed $1.5 billion.

Oregon's economy is still going "full throttle." That was the word Wednesday from state economists as they unveiled the latest forecast of state revenues.

Oregonians will learn Wednesday whether they will get a tax rebate known as the kicker . The one-of-a-kind law returns money to taxpayers when revenues exceed projections by more than two percent.

To raise or not to raise taxes? That is the question that’s pushing Washington lawmakers into a second 30-day special session.