Articles
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Economy, Culture & the Family
Some COVID restrictions eased as other new measures imposed
State officials have announced new restrictions on public gatherings while also easing quarantine restrictions and said COVID-19 infections may be plateauing in Oklahoma.Ray Carter | December 10, 2020
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Economy, Energy
State treasurer restates warning about oilfield woes
Oil field struggles continue to negatively impact Oklahoma government revenue, leading State Treasurer Randy McDaniel to again warn lawmakers that tough financial times lie ahead.Ray Carter | December 8, 2020
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Economy, Energy
Biden energy plan would wallop Oklahoma economy
The October General Revenue report revealed that Oklahoma’s oil and gas industry continues to struggle.Curtis Shelton | November 23, 2020
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Economy, Energy
Oil prices impacting state finances
A new report from the state treasurer shows that the ongoing crash in oil-and-gas prices continues to hammer Oklahoma government finances and indicates lawmakers could face a shortfall in the 2021 session.Ray Carter | November 5, 2020
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Economy
Officials warn court decision will drive business out of Oklahoma
A state commission is calling for action to provide consistent and fair regulatory treatment of all Oklahomans following a recent U.S. Supreme Court decision.Ray Carter | October 23, 2020
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Budget & Tax, Economy
State unemployment fund drained by pandemic
An unprecedented surge in unemployment claims caused by this year’s COVID-19 shutdown, combined with major fraud, has drained Oklahoma’s unemployment insurance trust fund and requires an increase in associated taxes on employers.Ray Carter | October 21, 2020
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Budget & Tax, Economy
Continued oil slump threatens state finances
A new report from State Treasurer Randy McDaniel indicates the economic impacts of the COVID-19 shutdown are receding in Oklahoma, but state finances remain on shaky ground because of the continuing weakness of the oil-and-gas sector, a foundational element of the Oklahoma economy.Ray Carter | October 7, 2020
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Economy
Stitt: More state bailouts may create perverse incentives
Gov. Kevin Stitt remains opposed to additional federal bailouts of state governments, saying states have not yet spent all the bailout money already provided by Congress and warning additional bailouts could incentivize economically destructive policies in other states.Ray Carter | September 17, 2020
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Economy, Culture & the Family
Review of state’s pandemic response includes warnings
To better prepare for future pandemics, state lawmakers conducted a review this week of state and local government responses to COVID-19. Among the takeaways: Many challenges early in the pandemic were the result of the government itself.Ray Carter | September 16, 2020
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Budget & Tax, Economy
Oklahoma lawmakers oppose federal bailout of states
Twenty-three Oklahoma state legislators have joined colleagues from across the country to oppose additional federal bailouts for state governments.Ray Carter | September 14, 2020