Oklahoma prepares for federal ‘fiscal cliff’ deadline
Oklahoma state agency heads have been told to make targeted cuts to absorb the estimated $137 million loss in federal money not available to Oklahoma, Gov. Mary Fallin says.
The state of Oklahoma is prepared for expected harsh cuts to federal money coming to state agencies that could be triggered this week if Congress and the president can’t agree on how to deal with the national deficit, Gov. Mary Fallin said.
Agency heads have been told to make “strategic targeted cuts” to absorb the projected $137 million in loss of federal money coming to the state, she said.
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