Budget Briefing: $40,000 for 20 Minutes of Fireworks in Tulsa

36th FreedomFest Draws Crowds to River Parks for $40,000 Fireworks Show – “The display contained about 1,500 shells and lasted about 20 minutes and 45 seconds, with the finale running about 45 seconds and shooting about 500 shells, said Tonja Pitzer, River Parks Authority spokeswoman. The fireworks cost $40,000.” Tulsa World

Oklahoma Bankruptcies Decline – “Six years after Congress made major changes in the country’s bankruptcy laws, bankruptcies in Oklahoma have dropped dramatically and the market has matured, statistics from the American Bankruptcy Institute show.” Journal Record

Lankford: $16 Trillion Debt Will Take Years to Cut – “Lankford says the U.S. budget deficit this year will be about $1 trillion, roughly $300 billion less than last year. He says House Republicans have developed a plan to dramatically reduce the debt over 10 years.” Associated Press