The global downturn in oil and natural gas prices has hit Oklahoma, a key energy producing state

摘要

State Secretary of Finance Preston Doerflinger said Oklahoma will cut spending across the board by 7% during the last four months of the current fiscal year. This is in addition to a 3% reduction in state spending that began in January. Doerflinger said the state is facing a $1.3 billion budget deficit for the next fiscal year, which begins in July.