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Economic Freedom
Contra Oklahomans’ Preference, State Government Continues to Grow

October 18, 2017 - 1:22pm CDT

As chair of the House Appropriations and Budget Committee, Rep. Leslie Osborn was one of the legislature’s budget negotiators earlier this year. She used that position to make the case for a litany of tax increases, claiming that Oklahomans are “tired of us doing things the way we’ve always done t... READ MORE

Rainy Day Fund Raid Was Unconstitutional

October 18, 2017 - 1:18pm CDT

After draining all $240 million out of Oklahoma’s Constitutional Reserve Fund, Secretary of Finance Preston Doerflinger decided to ask the state Attorney General whether doing so was legal. Recently, the Oklahoma Attorney General issued an opinion that, with minor caveats, claims to legitimize Doerf... READ MORE

Illinois—Not Kansas—Is a Cautionary Tale for Oklahoma Policymakers

October 18, 2017 - 1:11pm CDT

A guided tour of a blue-state basket case In light of Oklahoma’s recent (and much overstated) budgetary woes, some are now pointing to Kansas’s recent fiscal experiment, which featured tax reductions in an attempt to boost economic opportunity, as some sort of cautionary tale for states failing to ... READ MORE

Free Market Friday: Another Red River rivalry

October 13, 2017 - 8:31am CDT

Each year in October, Oklahoma’s eyes turn south of the Red River to the Cotton Bowl in Dallas for the annual football rivalry game between OU and Texas. Texas has won 61 of those games, OU has won 45, and five were ties. Unfortunately, thanks to the tax, regulatory, and policy advantages Texas hol... READ MORE

Cost Avoidance #11: Time to reform TSET

October 5, 2017 - 2:39pm CDT

#11) Time to reform TSET: Stop Spending on Night Clubs, Billboards, and Overpaid Executives The Tobacco Settlement Endowment Trust was set up to help Oklahomans stop smoking and to pay for smoking-related healthcare, but it has lost its way. Today, TSET pays for billboard campaigns about drink... READ MORE

Cost Avoidance #10: Legally Access the Rainy Day Fund

October 4, 2017 - 4:09pm CDT

#10) Legally Access the Rainy Day Fund Oklahoma has a Constitutional Reserve Fund, more commonly known as the Rainy Day Fund, for such a time as this. It’s worth remembering that foreign nations intentionally drove down the price of oil in hopes of harming Oklahoman and other American busines... READ MORE

How Does Oklahoma State Spending Compare?

October 4, 2017 - 9:09am CDT

With special session underway, it is important not to miss the forest for the trees. What is the truth about state government spending? I noted recently that Oklahoma government spending has reached an all-time high. No matter how much talk there is about funds being slashed or depleted, total spen... READ MORE

Cost Avoidance #7,9: Use Cash On Hand

October 3, 2017 - 1:48pm CDT

#7, 9) Use Cash On Hand: Spend unbudgeted revenues and excess funds in the CIRB account before considering tax hikes Some politicians tell us they want higher taxes on cigarettes so that fewer people smoke, and higher taxes on businesses and earnings because tax rates don’t matter. Of course, when... READ MORE

Cost Avoidance #8: Make Low-Priority Agencies Non-Appropriated

October 2, 2017 - 3:22pm CDT

#8) Make Low-Priority Agencies Non-Appropriated: TV shows, space travel, and old guns are not core services If hopes, dreams, and good intentions are the only limits we place on government, then there will never be enough money and politicians will never have enough power. The American way of... READ MORE

Cost Avoidance #5: End Subsidies for Hollywood

September 29, 2017 - 11:09am CDT

#5) End Subsidies for Hollywood: All Oklahomans deserve tax relief, not just those working for movie studios Are people who make movies better people? And what about companies that film television shows, are they morally superior to your local barber shop, pet store, or family farm? Sure, economic... READ MORE

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