
OKLAHOMA CITY (KOKH) — House Democrats are calling for immediate inflation relief after the state's bid to lure Panasonic didn't materialize.
State lawmakers put together a $700 million rebate package to lure the company to the Sooner State.
But instead, Panasonic decided to build a new electronic vehicle battery plant in DeSoto, Kansas.
Oklahoma House Democrats are now aiming to take the $700 million and give it back to families in the state amid sky-high inflation that's currently at a 40-year peak.
“We set aside more than $700 million in an attempt to lure a billion-dollar company to Oklahoma,” said House Minority Leader Emily Virgin. “That attempt was unsuccessful. Now it's time to look back into Oklahoma, at the families struggling to overcome global inflation, and provide immediate relief to our workforce."
House Democrats are planning a press conference at the State Capitol at 11:30 a.m. Thursday.
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