Investing in Jobsand Innovation
Ovr $1 Bon for Cor infrarcr Projc
Funds the Interstate 5 bridge replacement,water projects, university buildings, airport,marine and rail improvements, seismicupgrades, and technology inrastructureprojects that get Oregonians back to work.
$90 Mon for Provn innovaon Parnrhp
Increases unding or the Oregon InnovationCouncil, Signature Research Centers andmaintains university-based innovation,agriculture and orestry research programs.
$10 million to better align programs withemployer needs.
Removes barriers to private investment and job creation.
From Povry o Propry
Increases the Earned Income Tax Creditby more than 30 percent and undsEmployment Related Day Care to helpworking amilies keep more o what theyearn and move up the income ladder.
Lowering theCost of Government
$865 Mon n PeRs savng
Adjusts out-o-state benefts and capscost-o-living increases to gain system-widesavings and ensure the long-term viability o public retirement benefts.
$11 Bon n expc Hah Carsavng Ovr h Nx dca
Implements health care reorms or bettercare at lower cost.
$600 Mon n Avo Pbc safyCo Ovr h Nx dca
Reduces the cost o corrections throughpublic saety reorms and investments inproven crime prevention and communitycorrections strategies.
cost o health care to make small businesses morecompetitive and better positioned to create jobs.And it requires state government to be disciplinedwith tax dollars to maintain critical services oramilies still acing economic uncertainty.My recommended budget or 2013-15 includes costsavings in PERS compensation, in health care andin public saety to allow or strategic investmentsin education – including amily stability and early childhood success – while keeping communitiessae and improving Oregon’s business climate orinvestment and growth. It emphasizes partnershipsand community-based investments that movedecision-making to the local level and get betterleverage or public dollars. And it includesaccountability measures to track results over thenext decade.Tere is no quick x to the economic challengesOregonians have aced over the last our years.Central to our success will be having the courageand discipline to look beyond the next two yearsto where we want Oregon to be in a decade andbeyond. We share a vision that includes a strongmiddle class and expanding economic opportunity or every Oregonian in every community in thestate. We share an expectation to raise our amiliesin sae, vibrant neighborhoods with excellent,well-unded schools. And we are committed to theuture generations o Oregonians whose prosperity depends on the decisions we are making today towisely deploy the natural, human and nancialcapital o this great State. Let’s take the next stepstogether. John A. Kitzhaber, M.D.Governor