TIGARD, Ore. – Oregon lawmakers will consider a plan next month to consolidate the ways the state distributes its economic development dollars. Oregon Treasurer Ted Wheeler outlined Monday what he’s calling the "Oregon Investment Act."
The problem, says Ted Wheeler, isn't a lack of money.
Ted Wheeler: "There are in fact significant dollars allocated by the legislature towards economic development. But they're highly fragmented across different agencies. Not only are they fragmented and siloed, but they're inflexible."