State of Oklahoma Archives: on Budget & Economy
Brad Henry:
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
Brad Henry:
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
Chris Powell:
Market-led recovery better than stimulus
Q: Do you support or oppose the statement, "Stimulus better than market-led recovery"?
A: Strongly oppose
Source: OnTheIssues interview of 2018 Oklahoma Governor candidate
May 15, 2018
Connie Johnson:
Revenue is part of the problem
- End balancing the state budget through the use of one-time revenues.
- Prioritize our most critical issues like public education.
- Generate sufficient revenue to avert further budget cuts and invest in key priorities.
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Acknowledge that revenue is part of the problem and modernize the tax system while ending special interest giveaways.
- Increase legislative oversight and reduce the potential for future revenue failures.
Source: 2018 Oklahoma Senatorial website ConnieForGovernor.com
Oct 15, 2017
Gary Jones:
Cut budget without losing core services
"We have to be fiscally responsible and cut out all unnecessary expenses, but we also have to have enough revenue to fund core services," Jones said. "If you turn me loose today, I could show you some areas where we could make cuts
and not lose core services." Jones said he thinks many state agencies are top heavy with excessive administration, His own agency's budget has been slashed from $5.9 million in 2010 to $2.9 million this year.
Source: US News and World Report on 2018 Oklahoma Governor race
May 8, 2017
Gary Richardson:
Curb wasteful spending in our state government
I hate to see waste. I have been that way my entire life and typically, if not always, see no good reason for waste. I see and hear "Let's be less wasteful as a state." Yet my own past experiences and observations cause me to believe that the attitude
of Oklahoma taxpayers has little effect on curbing wasteful spending in our state government. As an Assistant Insurance Commissioner, I observed an immense amount of wasteful spending both in the hiring of unneeded staff as well as in expenditures.
For example, at the end of the year, we would be encouraged to make requests for new furniture to make sure we spent all of our budget. This is not the way to spend our tax dollars!
We must investigate the entire state government and address any
misuse or wasteful spending our tax dollars. The only way to deal with this systematic corruption and waste is to demand a forensic audit of these agencies, trusts, and authorities. Only then can we truly know if every dollar is spent wisely.
Source: 2018 Oklahoma governor campaign website GaryRichardson.org
May 2, 2017
James Inhofe:
Free enterprise is the key to national prosperity
Question topic: Free enterprise and the right to private property turn mankind's natural self interest into the fairest and most productive economic system there is, and are the key to national prosperity.
Inhofe: Strongly Agree
Source: Faith2Action iVoterGuide on 2014 Oklahoma Senate race
Sep 30, 2014
James Lankford:
The debt problem is a spending problem not a tax problem
The debt problem is a spending problem, not a tax problem. Tax receipts are the highest ever. But, the federal government wastes billions of hardworking taxpayer dollars in unnecessary programs, indiscriminate foreign aid and horrible financial
management. High debt slows down the current economy and it will hurt the economic future of the nation. Solving the budget crisis is not simple, but it is achievable with a long term goal and a commitment to eliminate wasteful spending and red tape.
Our code should respect, not punish, people who work hard, play by the rules and make a good living. We
also should not tax people when they die and take money from their family. That is immoral. We must eliminate the death tax.
Source: 2021 Oklahoma Senate campaign website JamesLankford.com
Jun 21, 2021
Joan Farr:
Get Out of Debt plan: cut waste, fraud and abuse
Q: What areas of public policy are you personally passionate about?A: I am passionate about government waste, fraud and abuse which I believe has resulted in our exorbitant national debt, and we could reduce it significantly by condensing our 17
National Security agencies down to about 4.
Q: Please list below 3 key messages of your campaign. What are the main points you want voters to remember about your goals for your time in office?
A: 1. I want to help people file mass pro se lawsuits that will end the pandemic & overhaul the legal system.
2. I want to implement a "Get Out of Debt" plan that helps to bridge the gap between the rich and poor.
3. I want to ensure that laws are passed which benefit the majority, and I cannot and will not be bought.
Source: Ballotpedia.org on 2020 Oklahoma Senate race
Nov 1, 2021
Joe Dorman:
Prosperity requires more than making irresponsible cuts
Oklahoma deserves a common sense leader who understands that economic stability and prosperity require more than simply making fiscally irresponsible cuts as our state faces a mounting budget shortfall.
A recent national study concluded that nearly half--49.1%--of Oklahoma households are in a persistent state of financial insecurity. One in four Oklahoman children go to bed hungry every night.
A strong economy that benefits all Oklahomans depends on our ability to create jobs and attract new business to our great state.
As a leader, I believe it is a moral imperative that we take fiscally responsible steps to ensure the opportunity for all Oklahomans to earn a living wage for a hard day's work. Government should work for all Oklahomans, not the special interests.
Source: 2014 Oklahoma Gubernatorial campaign website JoeDorman.com
Jul 2, 2014
Joe Maldonado:
Market-led recovery better than stimulus
Q: Do you support or oppose the statement, "Stimulus better than market-led recovery"?
A: No.
Source: OnTheIssues interview of 2018 Oklahoma Governor candidate
May 15, 2018
Kevin Stitt:
Create a level playing field for competition
Cornett discussed the importance of moving away from the oil and gas industry to provide revenue for the state. Stitt noted he would strive to create a level playing field for competition.
Cornett is expected to gain support from the independent oil industry, while Stitt would be backed by Chamber of Commerce members and the largest oil producers.
Source: Ballotpedia.org on 2018 Oklahoma gubernatorial race
Aug 28, 2018
Kevin Stitt:
State budget needs audits and line-item budgeting
The success of state agencies shouldn't be just about bigger budgets. Success is when the state consistently delivers core service a cost-effective, efficient manner. Without line-item budgeting, it's impossible to know which agencies steward their
resources well, which is why I will fight for accountability and transparency. I will implement and standardize audits and hold each agency accountable for how our tax dollars are spent, just like I have done in the private sector the last 19 years.
Source: 2018 Oklahoma Gubernatorial website StittForGovernor.com
Jul 4, 2018
Kevin Stitt:
Cut waste, rather than new taxes, for growth
Democrat Drew Edmondson promoted his plan to increase the state's gross production tax to 7%, do away with the capital gains tax deduction and increase the cigarette tax by 50 cents, raising an additional $300 million."His solution is always more
taxes on hardworking Oklahomans," Stitt responded. Stitt said finding more money for state agencies will require cutting waste, stronger leadership and wisely spending
$1 billion in new revenue coming to the state this year. "Our economy is starting to boom but our state has not captured that growth like it should," Stitt said.
"Mr. Stitt is doing what any good salesman would do, he is trying to tell you what
you want to hear," said Edmondson, who added increasing taxes was the only way to truly invest in the state.
"There he goes again," Stitt responded. "It's always about new revenue, new taxes."
Source: The Oklahoman on 2018 Oklahoma gubernatorial debate
Oct 25, 2018
Madison Horn:
Pass balanced budget legislation, reduce earmarks
- Promote sensible and transparent monetary policy across on government agencies
- Pass balanced budget legislation with a heighten focus on reducing "ear marked" allocations
- Encourage the return of critical manufacturing for economic
growth and addressing national security concerns
- Hold legislatures accountable for political schemes delaying the annual allocation of taxpayers dollars
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Additional focus on the appropriations process to fund initiatives that serve the interest and needs of people
- Invest in our long-term success by combatting decades of weak economic policy with common sense solutions
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Reduce wasteful government spending contributing to inflation
- Promote sensible and transparent monetary policy
- Incentivize the creation of a business friendly atmosphere in Oklahoma
Source: 2022 Oklahoma Senate campaign website MadisonHorn.com
Aug 24, 2022
Markwayne Mullin:
Time to balance the budget and rein in federal spending
Our national debt stands at over $21 trillion and keeps growing. Career politicians have demonstrated they are unwilling to rein in federal spending because they are afraid to upset one voting block or another. It is time to balance the budget! If we do
Source: 2022 Oklahoma Senate campaign website MullinForCongress.com
Mar 27, 2022
Matt Silverstein:
Ban earmarks & cut spending to reduce debt
We must take responsible steps to deal with the federal debt or it will deal with us. If we fail to reduce the debt it will quickly begin swallowing a bigger and bigger piece of the federal budget that should be going to prudent investments.
We need to stop wasting our money on bad investments. Matt agrees that we must permanently ban earmarks. We will never get our fiscal house in order if we follow the advice of career politicians like Jim Inhofe who defend pork barrel politics such as
earmarks, which allows every member of Congress to waste our money on their own personal pet projects. Too many politicians, Republicans and Democrats, think big spending is okay as long as it's "their spending" and that has to change.
We'll never get our fiscal house in order with pork barrel politics and Matt will bring a breath of fresh air by attacking the waste, fraud, and abuse that comes from BOTH political parties in Washington DC.
Source: 2014 Senate campaign website, MattForOklahoma.com, "Issues"
Nov 11, 2013
Mick Cornett:
History of developing budget based on needs of the community
While the state budget process remains a mess, Mick knows budgeting is about priorities and leadership. Mick has played a key role in developing Oklahoma City's annual budget transparently based on the consensus needs of the community.
For years Oklahoma City has received the highest possible credit rating and keeps a rainy day fund equal to 15% of the annual budget. All MAPS projects were completed debt free with complete accountability to the taxpayer.
Source: 2018 Oklahoma gubernatorial campaign website Mick2018.com
Jul 4, 2018
Rick Weiland:
Federal shutdown is more than wrong; it is shameful
SD Senate candidate Rick Weiland said his vehement opposition to the shutdown of the Federal government and Mike Rounds cheerleading in favor of that shutdown and threat to default on the nation's debt is and will remain the number one issue in their
campaign for US Senate.Weiland, who has called the shutdown a sellout to an extremist Republican minority that is representative of neither the American public, nor even the Republican Party, said Rounds should be ashamed of his support for the most
irresponsible political position taken by a major party in the last 50 years. "This is pandering to extremism in its crudest form. Mike Rounds believes in his heart the shutdown blackmail game of the extreme right is wrong. We need to re-open the
government and pass the Farm Bill." Weiland added. "It is a disgrace that Republicans are playing politics with Head Start programs and the Social Security benefits that our seniors depend on. It's more than wrong, it is shameful," Weiland continued.
Source: AdWatch: Weiland campaign email: 2014 Oklahoma Senate debate
Oct 15, 2013
T.W. Shannon:
Debt is a form of slavery
Lankford and Shannon both hate federal debt and continued annual deficits. Each speaks passionately about the devastating impact of over-spending on the nation's economic health and prospects for our children and grandchildren.
Shannon the Baptist Sunday School teacher quotes Sacred Scripture about the evils of debt--including allusions to debt as a form of slavery. Lankford the ordained Southern Baptist preacher fluently cites framers of free-market economic theories.
T.W. Shannon has been a consistent foe of the Affordable Care Act; James Lankford was elected in part based on his predictions that ObamaCare would destroy the health-care system and that its mandates boost long-term debt.
In Congress,
Lankford fights presidential overreach from the Legislature. Shannon assails federal interference with legislative state prerogatives and authority--and empowered an ally to form a "State's Rights" Committee to press against federal encroachment.
Source: Watchdog.org on 2014 Oklahoma Senate race
Feb 7, 2014
Kevin Stitt:
Launching DOGE-OK to keep the focus on flat budgets
Today, I'm launching DOGE-OK to keep the focus on flat budgets and limited government. For years, I've instructed my cabinet secretaries and agency directors to shrink employee count and cut unnecessary contracts.
I am committed to having fewer state employees at the end of my term than when I took office in 2019. I also mandated an end to work from home policies for state employees to better serve the people of our state.
Source: 2025 State of the State Address to the Oklahoma legislature
Feb 3, 2025
Charles McCall:
Good budget funds core services & decreases spending
Press Release, "House Adjourns After Historic Conservative Achievements": "The House Budget Transparency Portal has given Oklahomans an unprecedented amount of access to the budget process," McCall said. "Oklahomans have been able to see every step
of the budget process play out, and can see exactly where their hard earned tax dollars are being spent. The budget passed by the Legislature is a good budget that funds core services and decreases government spending from last year."
Source: House press release on 2026 Oklahoma Gubernatorial race
May 30, 2024
Cyndi Munson:
We understand that a flat budget is a cut
Munson says the flat budget and tax-cut combo is unrealistic. "We want to protect core services of government," Munson said. "We don't want to see any massive cuts, and understand that a flat budget is a cut." Munson, and other Democrats say rising
prices, federal funding cuts and serious concerns around how state agencies are spending should mean more money saved or distributed to plug any gaps in essential services, not used as political leverage.
Source: KOSU, "Balances," on 2026 Oklahoma Gubernatorial race
Apr 29, 2025
Page last updated: Mar 14, 2026