OH House Dem Leaders Show Path To Ohio Recession Paved By GOP Economic Policies
Say years of tax cuts for the wealthy threaten to push Ohio over fiscal cliff
April 13, 2017
 
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As the Ohio House of Representatives enters the next stage in state budget deliberations, House Democratic leaders today warned that GOP economic policies are blowing a hole in the Ohio budget and threatening the economic stability of working families.


“The GOP strategy of pushing costs down to local communities and families has created a dangerous cycle of lower economic power for the middle class which in turn leads to further revenue shortfalls,” said Rep. Brigid Kelly (D-Cincinnati). “The way to end the pattern and increase the economic vitality of our state is by making it easier- not more difficult- for hardworking Ohioans to pay for essentials such as clothing and medical necessities. As an alternative to more tax cuts for the wealthiest in the state, I have introduced pieces of legislation to create a sales tax holiday for back to school items and to end the discriminatory sales tax on menstruation products. The budget should be looking at creative, innovative solutions to present a long-term investment in all Ohioans, not more of the same failed policies.”


Tuesday’s news conference comes on the heels of troubling news reports that revealed Ohio is facing a half-a-billion dollar budget hole after state revenue estimates missed the mark yet again in the month of March. The Democratic Caucus says that shortfall is even bigger, likely closer to one-billion dollars after looking to past July 2016 Kasich Administration revenue revisions of some negative $280 million.


The lawmakers today said the news, coupled with records showing that 2016 was the worst year on record for job creation and job growth since the Great Recession in 2009, raise serious, legitimate questions regarding the impact of Republicans’ continued commitment to trickle down, tax shifting economic policies. Even with limited job growth many new jobs pay poverty wages, adding to the Buckeye State’s grim job market outlook where close to one-third of all jobs pay below poverty wages.


“During the worst global economic recession since The Great Depression, Republican lawmakers called for the state budget director – at the time, a Democrat – to step down,” said House Democratic Leader Fred Strahorn (D-Dayton). “In the governor’s own words, Ohio is now on ‘the verge of a recession’. However, we are not demanding pink slips be delivered today. Instead, we believe that state leaders must take steps to recession-proof the state by investing in communities and schools, rather than approving yet another round in tax cuts for millionaires and billionaires.”


House Republican lawmakers are expected to unveil an updated version of the state budget in the coming weeks. 

 
 
 
  
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