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· April 7, 2011

Direct Job Loss from Cuts in the Kasich ‘Jobs Budget’

Research Overview
Governor John Kasich recently introduced his proposed two-year ‘Jobs Budget,’ HB153. While the Administration claims to be creating “a platform for growth, for job creation and for a resurgence of this state,” it appears that the Governor’s budget does just the opposite. The extensive cuts contained in this budget will result not only in the elimination or reduction of key services, but also in extensive job loss throughout the state. Innovation Ohio conservatively estimates that in the absence of large local tax increases to offset the Administration’s proposed cuts to K-12 education, higher education, state personnel, and local governments, 51,052 direct jobs are likely to be lost. Read the Report. Read the Press Release.

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Tagged in these Policy Areas: Ohio State Budget