State government should have a savings account to protect funding for essential services, like schools, in tough economic times. However, Chris doesn't believe the only way for state government to create a "rainy day" savings account is to raise taxes or keep taxpayers' income tax "kicker" refunds.
As Governor, Chris will create the Oregon Future Fund, making saving for a rainy day the first – not last – priority of state government. He will set aside 3% of forecast revenue into a fund only accessible for schools and essential services in times of economic downturn; a 2/3 vote of the legislature will be required to use the funds.
This is the equivalent of putting money in your savings account when your checking account doesn't have the funds to cash the mortgage check your just wrote. If that's what you do then your priorities are screwed up.
Stop "saving" our money. I'm not here to loan you 3% until you feel like you need it.