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flag Oregon’s budget surplus grows to $156M, but schools face cuts amid federal tax loss and stagnant jobs.

flag Oregon’s state budget has shifted from a projected deficit to a $156 million surplus, driven by stronger-than-expected corporate profits and consumer spending, according to updated forecasts. flag Despite this improvement, lawmakers face challenges, including a $888 million revenue loss from federal tax cuts and stagnant job growth despite rising production. flag Portland Public Schools warns a proposed $50 million budget cut could force 300 staff layoffs and school closures, urging lawmakers to use the state’s Education Stability Fund and reconsider ties to federal tax breaks. flag Oregon has also launched new statewide standards to measure student success beyond test scores, focusing on equity, well-being, and college and career readiness.

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