Posted: Wed, November 21 2012 at 8:04 AM, Updated: Wed, November 21 2012 at 8:08 AM
Budget cuts are in Oregon's future as the state has projected a nearly a $700,000,000 gap.
The loss comes from the general fund and the lottery and will impact some government services.
However, the state has seen worse facing a 3.5 billion dollar gap in 2011.
However, the state's manufacturing and housing sectors are looking promising and economists expect recovery to begin at the beginning of 2013.