Oklahoma City, OK – In his eighth and final State of the State address to the Oklahoma Legislature, Gov. Brad Henry outlined his plans for tackling the state's $1.3 billion revenue shortfall through a combination of surgically precise budget cuts and use of the state's emergency reserves fund.
"This budget crisis will test each of us, and it will demand our best," the Governor told a joint legislative session.
Omaha, NE – The January Business Conditions Index for the Mid-America region, a leading economic indicator from a survey of supply managers in a nine-state area, rose to a healthy level. The index expanded to 54.7 from December's 50.3 and November's 47.5. An index of 50.0 is considered growth neutral. Creighton University's Dr. Ernie Goss conducts the survey.
Tulsa, OK – The Tulsa Fire Fighters' union did NOT follow the example set by the FOP. The Union voted to take a five-point-two percent wage cut rather lay-offs. The union's action will save the jobs for 147 fellow fire fighters.
The fire fighter's union says its rank and file will take a pay cut for 17-months in order to ensure jobs.
Tulsa's other two city unions, Police and support staff, voted for lay-offs.