State Budget Woes

Oklahoma City, OK – We have the latest on the Oklahoma State Budget.

The revenue numbers continue to trend downward. Governor Henry would still like to hold off until the regular legislative session before dipping into the rainy day fund.

But, for the first time, the Governor is hinting he may not be able to deal with Oklahoma's cash crisis. He says the state will need to dip into the rainy day savings account soon.

He admitted to reporters the budget strain is increasing on state agencies and may need to be addressed before February.