Oklahoma budget cuts affect subsidies

 
BY JULIE BISBEE | Published: December 27, 2009   

State budget cuts could endanger federal funds that flow into the state, resulting in deeper losses for some programs.

For some programs, a $1 investment in state funds means $3 in federal funds. When state officials cut programs they could be losing federal dollars as well.

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"We want to minimize the loss of federal dollars as much as possible,” state Treasurer Scott Meacham said. "But we’re losing some federal dollars already. We...
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