Oregon’s economic growth has decelerated, with state officials projecting a revenue shortfall of $888 million over the next two fiscal years. The decline is partly attributed to changes in federal funding under policies associated with former President Donald Trump’s budget proposals. The Oregon Capital Chronicle reports that reduced federal support, combined with slowing consumer spending and weakened tax collections, is placing pressure on the state’s budget planning. n nState economists warn that the projected gap could impact public services, infrastructure investments, and education funding unless corrective measures are taken. While Oregon has maintained a relatively strong economic foundation in recent years, the current downturn highlights vulnerabilities tied to external fiscal decisions. Lawmakers are now evaluating options to adjust spending or identify new revenue sources to maintain fiscal stability. n nThe $888 million shortfall underscores the interconnectedness of state and federal economic policies. Analysts note that shifts in federal priorities—particularly in areas like healthcare, social programs, and infrastructure grants—can have cascading effects on state-level finances. Oregon’s situation reflects broader concerns among several states facing similar pressures due to evolving national budget frameworks. n n— news from Oregon Capital Chroniclennn— News Original —nOregon economy slows, will take $888 million revenue hit in next two years from Trump budget • Oregon Capital ChroniclenOregon Capital Chronicle
