Just this week, the Oklahoma Legislature undid the next income tax cut for Oklahomans.
This tax cut would have only been "triggered" if Oklahoma's revenues increased, which they would have later this year.
How, you ask, does Oklahoma's state revenue increase in spite of an $800 million shortfall? It's because we give billions back in specialized corporate tax credits and rebates while our schools, roads, and public safety don't have enough money to pay the bills. Even the Governor's office had to illegally raid the Rainy Day Fund just to make payroll.
This is proof that our state doesn't have a revenue problem. We have a spending problem. Our leaders have been more concerned about increasing the size of government and when the oil prices fall, we're left with the current mess we're in.
As Governor, I promise to audit every state agency, trust, and authority to ensure every dollar is spent wisely and on core services. Our state government needs to stay within their budget just like every one of us has to do with our household finances.