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Ohio budget includes money for a Browns domed stadium and a flat income tax | Reporters Roundtable
Manage episode 491200018 series 1313319
Ohio's new two-year $60 billion operating budget is off to Gov. Mike DeWine. The budget passed through a reconciliation committee, and both chambers of the legislature this week.
The budget is massive coming in at 5,000-plus pages laying out a mix of spending, tax cuts and policy measures.
One of the most watched items: whether the state should pick up part of the tab for the Browns domed stadium in Brook Park. The final budget came down on the side of the Senate plan to tap the state's Unclaimed Funds to pay $600 million toward the project.
The operating budget contains many other spending details including for schools and libraries. It also includes a change to the state's income tax –essentially flattening the tax so that everyone who's required to pay state taxes pays the same percentage regardless of what they make.
Gov. Mike DeWine can still use a line-item veto to strike out elements of the budget if he chooses to do so.
363 episodes
Manage episode 491200018 series 1313319
Ohio's new two-year $60 billion operating budget is off to Gov. Mike DeWine. The budget passed through a reconciliation committee, and both chambers of the legislature this week.
The budget is massive coming in at 5,000-plus pages laying out a mix of spending, tax cuts and policy measures.
One of the most watched items: whether the state should pick up part of the tab for the Browns domed stadium in Brook Park. The final budget came down on the side of the Senate plan to tap the state's Unclaimed Funds to pay $600 million toward the project.
The operating budget contains many other spending details including for schools and libraries. It also includes a change to the state's income tax –essentially flattening the tax so that everyone who's required to pay state taxes pays the same percentage regardless of what they make.
Gov. Mike DeWine can still use a line-item veto to strike out elements of the budget if he chooses to do so.
363 episodes
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