BY SARAH ROSS

PORTLAND- In his final State of the State Address on Friday, Governor Ted Kulongoski praised Oregon’s efforts at growing government in a time of recession and warned of future budgetary restraints unless reforms are made.

Those reforms he mentioned in his address included his three step “Reset” plan consisting of stabilizing state revenues, attracting more revenue from “outside sources”, and reducing state spending.

Also, the two term governor stressed the need for kicker reform to put at least a portion of the “kicker” into a Rainy Day savings fund to provide stability when the state has less revenue than expenditures.

HIGHLIGHTS

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PART ONE of FULL SPEECH

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PART TWO of FULL SPEECH

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PART THREE of FULL SPEECH

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