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The LATEST from OH
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- Stateline Story
Is It ‘Raining’ Hard Enough?
Faced with historic revenue drops, states have tapped their rainy day funds in fiscal 2009 and 2010 at levels not seen since the 2001 recession to help close budget gaps totaling some $290 billion. The decision to go to these funds has renewed the debate about how much states should be setting aside in reserves and when to use the money. A few states, meanwhile, have been able to leave their funds intact.more -
- Stateline Story
Worst Is Yet to Come, Governors Say
TODAY'S TAKE: The fiscal year that begins in July for most states will be "the most difficult to date," according to a survey of 45 states released at the winter meeting of the National Governors Association.more -
- Featured Collection
- States' Fiscal Health
Fact Sheets: The Trillion Dollar Gap
This 2010 report on funding state employee retirement benefits examined the roots of states' significant shortfall and how the economic crisis spurred states into action.
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- State Fact Sheet
The Trillion Dollar Gap: Ohio
Ohio is a national leader in managing its long-term liabilities for both pensions and retiree health care and other benefits.
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- Report
- States' Fiscal Health
The Trillion Dollar Gap
States that ignored public sector retirement challenges now face growing bill coming due—bills that may have significant consequences for taxpayers. This report from the Pew Center on the States examined the roots of the problem and how the economic crisis is spurring states into action.
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- Stateline Story
2010 Elections: New Faces, Daunting Problems
Barack Obama won the presidency running on a platform of change in 2008, and change also will be the watchword in 2010 at the state level. Bruising budget battles could put voters in a testy mood and usher in a wave of new faces to lead state government, where Democrats now hold the majority of governorships and statehouses.more -
- Stateline Story
Is It Time for a New Fiscal Balance Between States and the Feds?
In his 1982 State of the Union address, President Ronald Reagan called for sweeping changes in the partnership between Washington and the states. His proposal for a grand swap of state and federal responsibilities would have relieved states of one of the fastest-growing burdens on their budgets today. Congress never acted on Reagan's proposal, and his idea to fundamentally rethink the financial ties between states and the federal government went dormant. Perhaps until now.more -
- Stateline Story
Summary of the Ohio State of the State Address
Ohio Governor Ted Strickland (D) vowed during his Jan. 26 state of the state address to increase the state's green energy production and to beef up job-creation programs. more
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- Stateline Story
Ohio State of the State Address 2010
COLUMBUS, Ohio - Jan. 26 - Following is the prepared text of Gov. Ted Strickland's (D) 2010 state of the state address: Speaker Budish, President Harris and Chief Justice Moyer. President Harris and Chief Justice Moyer will both be retiring at the end of this year. This is their last State of the State as public o
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- Stateline Story
2010 Speeches Are Bleak for Most Governors
With nearly three-quarters of their seats up for election this year, the nation's governors are setting the stage for 2010 by warning that the economic downturn is far from over in the states, where tax collections are weak, unemployment is surging and the likeliest outcomes will be unpopular tax hikes and sharp budget cuts. more
