Governor, GOP leaders eye revenue streams

OKLAHOMA CITY (AP) - Closed-door negotiations at the state
Capitol are turning toward ideas to generate new revenue as the
Democratic governor and GOP legislative leaders wrestle with a $1.2
billion gap in the state's budget.
Senate President Pro Tem Glenn Coffee says discussions are
continuing with Gov. Brad Henry and House Speaker Chris Benge on
how to close that hole. He says the three sides are reviewing a
list of tax breaks and trying to agree on which of those incentives
could be eliminated or suspended.
All three sides have said they oppose any tax increases, and
Coffee says he would be a "hard sell" on a wide range of fee
Henry has proposed cuts to tax incentives that could net about
$82 million.

Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 91441739 -
Gray Television, Inc.