Governor Kasich rolls out new budget - 21 News Now, More Local News for Youngstown, Ohio -

Governor Kasich rolls out new budget

Updated:

COLUMBUS, Ohio - Governor John Kasich has proposed a sweeping budget that slashes taxes and expands Medicaid to an estimated 360,000 Ohioans.

The two-year budget includes a 50% tax rate reduction for most small businesses, cuts the income tax rate statewide by 20% over three years starting with seven and a half percent this year and lowers the state sales tax from 5 1/2 to 5 percent while imposing the tax on more services.

"The purpose of this is to make sure Ohio remains competitive. We've had too many businesses and too many people that have left this state and taken their wallets with them," Kasich said.

The Republican Governor, who opposes ObamaCare, said he will push for expanding Medicaid under the federal health care law, giving more of Ohio's poor access to government care. Kasich says not extending Medicaid would see Ohioans federal dollars being used to expand health coverage in other states.

"It makes great sense for the state of Ohio because I think it will allow us to deliver care using our dollars," Kasich said.

Kasich now must persuade Republican state lawmakers to back his plan when many have concerns over the law's mandated coverage and campaigned against it last fall.

The governor's tax commissioner says Kasich is also proposing to broaden the tax base by increasing rates on out of state oil and gas developers who are involved in the shale boom and fracturing.

Kasich says it's a comprehensive budget that will turn Ohio around from where it was when he first took office.

"From an eight billion dollar deficit to a 1.9 billion dollar surplus, triggering an automatic tax cut of $400 million dollars. That is good news for every taxpayer in Ohio" said Kasich.

  • More From wfmj.comMore>>

  • 1 of 2 Ohio plane crash victims not yet identified

    1 of 2 Ohio plane crash victims not yet identified

    Monday, July 28 2014 9:48 PM EDT2014-07-29 01:48:43 GMT
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio are still trying to identify one of two people killed in a weekend plane crash. One of the victims in the crash near Findlay was the CEO of an Ohio manufacturing company. A coroner was trying to identify the remains of a woman killed in the crash, but the Hancock County Sheriff's Office says DNA testing may be needed. Deputies say Ralf Bronnenmeier, CEO of Grob Systems in Bluffton, was piloting the single-engine plane that crashed early Sund...More >>
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio are still trying to identify one of two people killed in a weekend plane crash. One of the victims in the crash near Findlay was the CEO of an Ohio manufacturing company. A coroner was trying to identify the remains of a woman killed in the crash, but the Hancock County Sheriff's Office says DNA testing may be needed. Deputies say Ralf Bronnenmeier, CEO of Grob Systems in Bluffton, was piloting the single-engine plane that crashed early Sund...More >>
  • TSA finds gun, ammo in Pittsburgh airport carry-on

    TSA finds gun, ammo in Pittsburgh airport carry-on

    Monday, July 28 2014 9:35 PM EDT2014-07-29 01:35:49 GMT
    IMPERIAL, Pa. (AP) - The Transportation Security Administration says it found a pistol and ammunition in man's carry-on bag as he passed through security at Pittsburgh International Airport. TSA official tell the Pittsburgh Tribune-Review that the man wasn't allowed take the gun past security, and faces up to a $11,000 civil penalty for bringing the weapon to the checkpoint. But Allegheny County police say they don't plan to charge the man with a crime because he had a license to carry the ....More >>
    IMPERIAL, Pa. (AP) - The Transportation Security Administration says it found a pistol and ammunition in man's carry-on bag as he passed through security at Pittsburgh International Airport. TSA official tell the Pittsburgh Tribune-Review that the man wasn't allowed take the gun past security, and faces up to a $11,000 civil penalty for bringing the weapon to the checkpoint. But Allegheny County police say they don't plan to charge the man with a crime because he had a license to carry the ....More >>
  • 5 Pa. reps ask NCAA to halt Penn State sanctions

    5 Pa. reps ask NCAA to halt Penn State sanctions

    Monday, July 28 2014 9:29 PM EDT2014-07-29 01:29:22 GMT
    Five Pennsylvania congressmen are asking college sports' governing body to cancel penalties against Penn State imposed as a result of the Jerry Sandusky child molestation scandal.More >>
    Five Pennsylvania congressmen are asking college sports' governing body to cancel penalties against Penn State imposed as a result of the Jerry Sandusky child molestation scandal.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms