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Ohio House Approves $69 Billion Spending Plan
By: Associated Press
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COLUMBUS (AP) — The Ohio Senate will soon consider the two-year state budget following House approval of the spending plan that includes a healthy reduction in the state income tax cut. The GOP-controlled House voted in favor of the $69 billion budget Thursday following its approval by the House Finance Committee a day earlier. The… Read More
Business Groups Blast Change In House Budget As Tax Increase
By: Karen Kasler | Statehouse News Bureau
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Business groups are blasting the House version of the budget for a change it makes to a controversial tax deduction – the one that allows many small businesses to take the first quarter million dollars of their income tax free. The change would drop that income threshold to $100,000. Tony Long at the Ohio Chamber… Read More
Speaker Says Republicans Still Want To Squeeze Income Tax Cut In Tight Budget
By: Karen Kasler | Statehouse News Bureau
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State lawmakers have been advised by their economic researchers to cut the spending in Gov. Mike DeWine’s budget. And they may try to add something into the House version of the budget set to be released on Wednesday that DeWine deliberately left out. There have been tax cuts in nearly every state budget since 2005. And… Read More
Nearly $20 Billion In Tax Credits In DeWine’s Budget Likely To Stay
By: Karen Kasler | NPR
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There aren’t any tax cuts in Gov. Mike DeWine’s first budget. Lawmakers may change that when they introduce their version of it soon. But they probably won’t change the $19.2 billion in tax credits and loopholes in it. Wendy Patton with the left-leaning Policy Matters Ohio said tax credits and exemptions have grown nearly 18 percent over the… Read More
No Tax Cut In DeWine’s Budget, But Some Suggest That Could Change
By: Karen Kasler | Statehouse News Bureau
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There have been tax cuts in nearly every state budget since 2005. But Gov. Mike DeWine has said now is the time to invest in Ohio, so there are no tax cuts in his budget. Some on the panel that makes changes to the budget are considering whether a tax cut can or should be… Read More
DeWine Confident In Economic Forecasts Behind His Budget
By: Karen Kasler | Statehouse News Bureau
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Gov. Mike DeWine is standing behind the numbers used to create his budget, as Republican House Speaker Larry Householder suggests he’s leaning toward more conservative numbers from the legislature’s economic analysts. Researchers for the Legislative Budget Office or LBO say they think the state will have half a billion dollars less in tax revenue for… Read More
Lawmakers Get Two Sets Of Forecasts To Start Budget Process
By: Karen Kasler | Statehouse News Bureau
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On the first day of hearings on Gov. Mike DeWine’s $69 billion operating budget, lawmakers are hearing about two sets of economic forecasts. And they’ll have to decide which estimates they’ll go with. “Conservative” is the word heard over and over when it comes to this budget. Some Republican and Democratic lawmakers have questioned how DeWine… Read More
DeWine’s Budget Doesn’t Bet On Money From Sports Gambling
By: Karen Kasler | Statehouse News Bureau
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Gov. Mike DeWine says he’ll pay for the spending in his $69 billion dollar budget with economic growth – not new taxes or fees. And he’s also not counting on a source of revenue several lawmakers have been hoping to secure since a big U.S. Supreme Court decision last year. DeWine said the budget isn’t… Read More
Trump Seeks More Border Wall Funding In New Budget
By: Scott Horsley | NPR
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President Trump’s 2020 budget proposal, released on Monday, calls for $8.6 billion in new border wall funding, along with increased military spending and deep cuts to domestic programs.
The OUtlet: Season 6, Show 3
By: Abby Grisez
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This is the October 3rd, 2017 broadcast of The OUtlet from WOUB News. On this week’s show, our reporters will tell you about a new shop in Athens that is serving up more than just smoothies. Better Bystanders Week took place on Ohio University’s campus. Hear the interesting way they commemorated the event. And one… Read More