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Surprise! Oregon has nearly $2 billion extra to spend during the next six weeks.

A stunning state revenue forecast last week defied political expectations and altered conventional wisdom about Oregon’s economy. Much of the projected increase in state tax collections is due to changes in how state economists predict the future.


Dick Hughes, who writes the “Capital Chatter” column, has been covering the Oregon political scene since 1976. Contact him at,, or @DickHughes.


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