Posted Thursday, July 1, 2010
The state of Ohio has laid off workers, drained the rainy day fund and spent billions of federal stimulus dollars just to patch the current two-year budget. But, starting next year, there's a new budget shortfall that could be as big as $8-billion. Experts say that's way too big a hole to be filled by a tax increase or spending cuts alone. So how does state government avoid a great fiscal train wreck? Thursday on the Sound of ideas, we'll get an update from Columbus and talk to a couple of think-tanks about possible solutions.
Please follow our community discussion rules when composing your comments.
I have a problem constantly having my taxes raised, having less to live on, and not knowing what I am getting for my taxes. Look at the Toledo area that was ravaged by a tornado and then denied help rfom the federal government when they most needed it. Where are their federal and state taxes going? Certainly not to help them in their time of need.
Watch the Sound of Ideas during the broadcast - view now! Live video stream available during normal broadcast, Mon-Fri, 9-10 AM (EST).
Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.
Weekdays 9:00 AM
The Ohio Channel
Weekdays 9:00 AM
Funding for Ideas/Sound of Ideas comes from The George Gund Foundation, The Cleveland Foundation, Eaton Corporation Charitable Fund, the George W. Codrington Charitable Foundation and the Nord Family Foundation.