It turns out the price of oil is fluctuating

It's apparently never done that before, says Cameron Henry.

In an interview, Henry said he and Barras were on the same page about the revenue projections, and the House speaker would have objected the same way he did on Tuesday. Barras could not be reached for comment.

“He would have done absolutely nothing different than I did,” Henry said in an interview.

Henry said concerns the state economists brought up about the price of oil dropping, possibly larger state tax refunds going out to residents and uncertainty around corporate tax collection projections made him think the new revenue projection was shaky.

The economists, one of whom has been doing state revenue projections for decades, routinely point out portions of their forecasts they believe to be less certain. Legislative economist Greg Albrecht, specifically, mentions the unpredictable nature of corporate tax collections at almost every Revenue Estimating Conference meeting, but they usually do not delay the adoption of a new forecast.

Oh well, guess the teachers have to wait to get that raise. Probably until we're all sure the price of oil will always go up.  Or maybe just until they're all forced to walk out in the middle of an election year. That'll be fun for everybody.