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Lane County told to expect federal, state budget uncertainty as legislators prepare biennial numbers
Summary
Policy Director Steve Adams told the Lane County budget committee that congressional action on tax policy, debt limits and possible rescissions, plus Oregon's upcoming revenue forecast, create material uncertainty for the county's next biennial budget and state grant funding streams.
Policy Director Steve Adams told the Lane County Budget Committee on May 14 that uncertainty at the federal and state levels could materially affect Lane County's budget planning, particularly the upcoming biennial revenue forecast and several federal programs that fund county services.
Adams said lawmakers in Washington are using the budget reconciliation process to consider a broad package that would address the 2017 Tax Cuts and Jobs Act's scheduled expirations, defense and homeland security funding and other priorities. "This is what everyone is focused on right now," he said, describing reconciliation as a vehicle that would allow passage of major measures by a simple Senate majority.
He warned that Congress is also navigating an expiring debt limit, pending questions over executive impoundments of previously appropriated funds, and discussions of rescission packages that policymakers have described in the hundreds of billions of dollars. "We're in…
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