Size of Oklahoma’s budget hole debated
Estimates on the size of the budget hole for the 2012 fiscal year vary, ranging from $224 million to about $600 million.
A main reason for the discrepancy deals with whether so-called 5 percent money is available to be allocated this session for the 2012 fiscal year.
Lawmakers may spend only 95 percent of the money that comes into the general fund, the principal funding source for state government. If revenue meet...
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