Oregon State Treasurer Randall Edwards is running out of options. With State lawmakers set to haggle over large spending issues well into August, Edwards must come up with a way to pay the State's bills with no budget approval in sight.
Edwards, who had planned to issue notes against future tax revenue once the budget was approved in early August says that is unlikely and he must now consider other options including raiding the reserve coffers of SAIF Corp., the state-owned workers' compensation insurer.
However, this will be a more expensive and complicated option as access to the reserve c...
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