Category archive for ‘Budget Issues’
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Kasich failure to reach out to GOP colleagues puts tax plan in jeopardy
Legislative Outreach 101: Governor Kasich leaked his plan to cut the state’s income tax by raising taxes on oil companies to any newspaper that would print it. What he didn’t do was reach out to lawmakers who promptly responded by dumping his plan from the budget. Oops.
3/19/12 • (6)
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News Reports: Details of Kasich education plan emerge
Not set for official introduction until tomorrow, a number of details have come to light about what to expect from Governor Kasich’s education legislation. We have a copy of the amendments related to reforming Cleveland schools and a first look at other reforms included in the bill.
3/13/12 • (0)
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Kasich offers election year tax cut of $21 per Ohioan
The Columbus Dispatch provides more details on the proposed income tax cut, expected in 2014, Kasich’s reelection year, thanks to increased tax collections on natural gas and oil drillers. The amount the average Ohio taxpayer can expect to collect works out to $21 in 2014. Will it be enough to guarantee a second term for Kasich?
3/10/12 • (7)
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Budget Preview: education policy
In another preview of the Governor’s upcoming budget bill, we learned yesterday the package will include key reforms sought by Cleveland Mayor Frank Jackson, many of which resemble provisions in SB5. Do we also detect hints that Kasich has big plans for changing education in all of Ohio’s urban areas? He’s going to need Democratic support to give him cover, but will it be a bigger fight than Legislators want to take up in an election year?
3/06/12 • (0)
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Budget Preview: energy policy
Governor Kasich has promised to include a number of policy initiatives in his upcoming budget legislation. Included among them are a number of revisions to Ohio’s energy policy. Budget Watch has obtained a document outlining the major pillars of the Governor’s energy policy plan.
3/06/12 • (0)
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Plain Dealer confirms: Kasich tax hike on frackers will be small
It turns out we were far too generous assuming Kasich’s proposal to raise taxes on frackers would impose a fair tax rate on the extraction of oil and gas. His plan generates in five years what our estimates from yesterday said the state could raise in just one. Our new analysis shows that his fracking tax plan would raise enough revenue to give the average taxpayer a tax cut of $21 to $32.
3/04/12 • (1)
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Analysis: Kasich hints at meaningless income tax cut
Governor Kasich’s team is floating the idea of raising tax on frackers and spending the money to cut the state’s income tax. Is that possible? We ran the numbers and offer the first glimpse at how much of a tax cut ordinary Ohioans could expect.
3/03/12 • (3)
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Mid-Biennium budget will include energy policy changes
Kasich’s upcoming mid-biennial “review” of the two-year state budget, expected in early March, is largely a mystery to budget watchers. However, today, details began to emerge on some of the bill’s policy measures, including a number of changes on the energy front dealing with oil and gas drilling, the state’s renewable energy portfolio standard, and the use of compressed natural gas.
2/29/12 • (1)
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Issue 2′s failure and the state budget
The failure of Issue 2 has been met with a shrug by local governments, who are already coping with declining budgets without it. What hasn’t been as widely reported is that the state budget is completely unaffected by the absence of SB5. Was that a tactical mistake on the Governor’s part?
11/14/11 • (2)
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Ohio Consumers’ Counsel steps down, citing Kasich budget cuts
The Kasich budget claims another victim. Ohio’s Consumers’ Counsel announced her resignation yesterday, claiming her efforts to protect Ohioans from unreasonable rate hikes by regulated utilities were impaired by punitive budget cuts proposed by Kasich after meetings with industry lobbyists.
9/22/11 • (2)