Budget proposal raises education funding by 15 percent

salem capitol building

 

SALEM, Ore. — A budget proposal by two Democrats from Ashland and Tualatin are hoping to raise education funding by raising more tax revenue and trimming pension benefits for public employees.

Rep. Peter Buckley of Ashland and Sen. Richard Devlin of Tualatin, both Democrats, unveiled their budget proposal on Monday. It will serve as a blueprint for budget talks over the coming months.

The two legislators propose raising funding for elementary and secondary schools by 15 percent to about $6.55 billion. They say schools could get another $200 million from their proposed pension cuts.

The budget proposal would limit annual cost-of-living adjustments for retirees in the Public Employees Retirement System.

It would also increase tax revenue by eliminating or reducing tax credits and deductions.





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