Connect with us

Oregon

Oregon State Treasurer urges Trump administration to halt tariffs, preserve financial stability for Oregonians

Published

on

Oregon – Oregon State Treasurer Elizabeth Steiner recently expressed concerns about the potential impact of proposed tariffs on Oregon households and the broader financial stability of the state. In a statement, Steiner called on the Trump administration to remove costly tariffs from the table and ensure the integrity of the federal payment system. She highlighted the increasing financial pressure on Oregon families and emphasized the detrimental effects of tariffs on everyday goods.

According to a new report from the Oregon State Treasury, nearly half of Oregon households are not financially prepared for unexpected expenses over $500. Steiner pointed out that the proposed tariffs on Canada, Mexico, and China would increase costs for American consumers by $800 to $1,200 per year, placing additional strain on households already struggling with the high cost of living. These hikes could affect everyday essentials like groceries, gas, and clothing, further exacerbating the financial challenges faced by Oregonians.

Steiner also voiced concerns about other actions taken by the White House, such as attempts to freeze more than $40 billion in federal funding that benefits Oregon’s state budget and essential services. This includes funding for veterans, Social Security payments, public lands management, and other vital programs. Additionally, the administration’s messaging to civilian federal employees in Oregon about potential resignations and the unvetted access to the federal Treasury payment system raised alarms about security risks and the stability of federal financial operations.

In her statement, Steiner urged the White House to reconsider its approach, halt the tariffs, and prioritize the financial security of Oregon residents. She emphasized the importance of maintaining the steady flow of federal funds and safeguarding the financial well-being of Oregonians and Americans alike.

You may also like…

Eugene57 minutes ago

Eugene Springfield Fire quickly contains house fire on Shady Loop in Springfield

Eugene, OR – Early Sunday morning, Eugene Springfield Fire responded to a house fire on Shady Loop in Springfield. The...

Eugene1 hour ago

Eugene Springfield Fire rescues woman from vehicle in Willamette River

Eugene, OR – Eugene Springfield Fire crews responded Sunday afternoon to a vehicle that had entered the Willamette River near...

Eugene1 hour ago

Eugene Police respond to armed dispute involving juveniles on River Road

Eugene, OR – On May 29 at 11:39 a.m., Eugene Police responded to a dispute involving a group of juveniles...

Eugene1 hour ago

City of Eugene wraps up Building Safety Month highlighting 7,500 permits issued in 2024

Eugene, OR – As Building Safety Month concludes, the City of Eugene’s Building Permit Services team reflected on a busy...

Crime & Safety2 days ago

2-year-old child was Ieft with her deceased mother for days after the woman was kiIIed by her partner, who claimed that an aItercation over infideIity led to a struggIe over a firearm, which resulted in the fataI shooting: DA

Kentucky – A Kentucky man, 30-year-old J. Tompson, was convicted last week of murder and possession of a handgun by a...

Eugene3 days ago

First responders appreciation BBQ brings community and local agencies together in Springfield

Eugene, OR — First responders and their families gathered Thursday at 3188 Gateway Loop in Springfield for the First Responders...

Eugene3 days ago

Eugene officers visit pre-K class to build early community connections

Eugene, OR — A group of Eugene police officers and Community Service Officers spent time last week visiting a local...

Eugene3 days ago

Eugene Police honor civilian and deputy chief for lifesaving actions

Eugene, OR – The Eugene Police Department recently recognized two individuals for their heroic actions during a critical incident earlier...

Eugene3 days ago

Drivers clocked going nearly 90 MPH on Beltline as summer traffic enforcement ramps up in Eugene

Eugene, OR – As summer approaches and students prepare for the end of the school year, traffic enforcement officers are...

Eugene3 days ago

Police respond to report of armed juvenile and shots fired near Eugene high school

Eugene, OR – Eugene Police are continuing to investigate an armed dispute involving a group of juveniles after responding to...

Eugene5 days ago

Eugene Springfield Fire warns of brush fire risk after debris burn spreads near Pine Grove Road

Eugene, OR – Despite a long and cool spring, fire danger remains high in Lane County. On May 23, just...

Trending