Governor Stitt inherited a state with virtually no savings, but now Oklahoma has about $4 billion in reserves. He's setting aside $200 million, creating his taxpayer Endowment Fund. We're an oil and gas state. We have budget surpluses right now. We've constitutionally put every dollar we can in our rainy day fund. So we've got to make sure we protect that other savings. Under the plan, the state would invest that money and let it grow. (01:44–01:48)
CLAIM
Asserts that Oklahoma, as an oil and gas state, currently has budget surpluses.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
