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Brad Henry on Budget & Economy

Democratic OK Governor


Our investments in Sooner State made recession better

There is no doubt that many Oklahoma families are struggling in these difficult economic times, but recent indications show that Oklahoma has fared better throughout the recession than many other states.

Beyond our abundant natural resources, Oklahomans have chosen to invest in this state over the last decade. Oklahoma City and Tulsa have revitalized their downtowns and--across the state--our investments in education and economic development are reaping dividends today.

Recent announcements give encouraging signs that our state's economy will continue to grow. In the last month several companies have announced new or expanded operations in the Sooner State.

Great things are happening in Oklahoma. Oklahoma's investment in itself--combined with low energy prices, a stable housing market and an incredible quality of life--are making it a relocation destination for companies from across country.

Source: 2010 gubernatorial press release, re: 2014 OK Senate race , Jul 9, 2010

Increase the Rainy Day Fund from 10% to 15% of revenue

This budget crisis is precisely the kind of emergency that citizens envisioned 25 years ago when they voted to create the Rainy Day Fund. Now is the time to use our reserve dollars to preserve crucial services.

We must also ensure that our emergency fund is adequate to meet our future needs. This year, I ask for your support in raising the cap on Rainy Day Fund deposits from 10 percent to 15 percent of general revenue collections. We owe that to the people of this state.

Source: Oklahoma 2010 State of the State Address , Feb 1, 2010

Surgical budget cuts to close $600M budget hole

This year, we face a budget hole of nearly $600 million. As Oklahoma families take a hard look at their own expenses and cut where they can, we must do the same. State agencies must tighten their budgets. Some projects must be put on hold. This fiscal year will be marked by thrift and sacrifice.

In this demanding economic environment, we must make difficult decisions. But, just as the Chinese character for "crisis" also denotes "opportunity," so, too, do the challenges we face present an opportunity to improve government.

Today, I have placed before you a balanced budget that makes precise, surgical cuts while protecting vital state functions such as education, healthcare, transportation and public safety. Through efficiencies and savings that range from purchasing reforms to consolidated information technologies, we can help ensure a government of greater effectiveness and excellence.

Source: 2009 State of the State address to Oklahoma legislature , Mar 2, 2009

Other governors on Budget & Economy: Brad Henry on other issues:
OK Gubernatorial:
Joe Dorman
Mary Fallin
OK Senatorial:
Connie Johnson
James Inhofe
James Lankford
Matt Silverstein
T.W. Shannon
Tom Coburn

Gubernatorial Debates 2014:
AL: Bentley(R) vs.Griffith(D)
AR: Ross(D) vs.Hutchinson(R) vs.Griffin(R,Lt.Gov.)
AZ: Ducey(R) vs.DuVal(D) vs.Mealer(AE) vs.Gilbert(L) vs.Riggs(R)
CA: Brown(D) vs.Kashkari(R)
CO: Hickenlooper(D) vs.Beauprez(R) vs.Tancredo(R) vs.Hess(L)
CT: Malloy(D) vs.Foley(R) vs.Walker(R,Lt.Gov.)
FL: Scott(R) vs.Crist(D) vs.Snitker(L,Lt.Gov.)
GA: Deal(R) vs.Carter(D) vs.Hunt(L)
HI: Ige(D) vs.Aiona(R) vs.Abercrombie(D)
IA: Branstad(R) vs.Hatch(D) vs.Hoefling(R)
MA: Coakley(D) vs.Baker(R) &Polito(R,Lt.Gov.) vs.Grossman(D) vs.Berwick(D)
ME: LePage(R) vs.Michaud(D) vs.Cutler(I)
MI: Snyder(R) vs.Schauer(D)
NM: Martinez(R) vs.King(D)
NY: Cuomo(D) &Hochul(D,Lt.Gov.) vs.Astorino(R) vs.Hawkins(G) vs.Teachout(D)
OK: Fallin(R) vs.Dorman(D)
PA: Corbett(R) vs.Wolf(D) vs.Schwartz(D,lost primary) vs.Critz(D,Lt.Gov.,lost primary)
Up for re-election 2014:
AK-R: Sean Parnell
AL-R: Robert Bentley
CA-D: Jerry Brown
CO-D: John Hickenlooper
CT-D: Dan Malloy
FL-R: Rick Scott
GA-R: Nathan Deal
HI-D: Neil Abercrombie
IA-R: Terry Branstad
ID-R: Butch Otter
IL-D: Pat Quinn
KS-R: Sam Brownback
ME-R: Paul LePage
MI-R: Rick Snyder
MN-D: Mark Dayton
NH-D: Maggie Hassan
NM-R: Susana Martinez
NV-R: Brian Sandoval
NY-D: Andrew Cuomo
OH-R: John Kasich
OK-R: Mary Fallin
OR-D: John Kitzhaber
PA-R: Tom Corbett
SC-R: Nikki Haley
SD-R: Dennis Daugaard
TN-R: Bill Haslam
VT-D: Peter Shumlin
WI-R: Scott Walker
WY-R: Matt Mead

Term-Limited or Retiring 2014:
AR-D: Mike Beebe
AZ-R: Jan Brewer
MA-D: Deval Patrick
MD-D: Martin O'Malley
RI-I: Linc Chafee
TX-R: Rick Perry
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Election 2013:
New Jersey:
NJ-R: Chris Christie (won)
NJ-D: Barbara Buono (lost)
Virginia:
VA-R: Bob McDonnell(Retiring)
VA-R: Ken Cuccinelli (lost)
VA-D: Terry McAuliffe (won)


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Page last updated: Oct 06, 2014