Ohio Governor John Kasich and Colorado Governor John Hickenlooper issued a letter that laid out their ideas for fixing the Affordable Care Act. In a nutshell, the plan’s goal is to increase government spending and enforce the individual mandate in an effort to prop up the ACA insurance markets. Unfortunately, simply spending more taxpayer money does little to fix a core flaw of the ACA – heavily regulating insurance companies – which has driven up premiums and caused insurers to leave markets and leave Ohioans with few or no insurance options.
Key job metrics over the past decade paint a mixed national jobs picture. On one hand, the number of job openings over that time shows a positive path and indicates relative optimism in the economy. On the other hand, the actual hiring rate fell, which suggests that not all is well in the labor market. Taken together, this shows the need to continue improving the environment for economic opportunities that can help all Americans.
On Monday, Governor Kasich was speaking at the opening of a new natural gas-fired power plant in Oregon, Ohio when he said:
“…I think it’s important that Ohio stay in a deregulated environment which brings in investors. If all of a sudden you don’t have a level playing field, then you don’t have significant investment. It will go in another place.”
It’s about time! Ohio is finally getting prepared to do a deep dive and review the state’s voluminous list of tax loopholes. It is about time. The Buckeye Institute has long been a leader in calling for exactly this type of review so that loopholes are closed and any revenue generated be used for the kind of simple, fair and pro-growth tax reform that is needed to improve Ohio’s economy and grow jobs.
An accused serial killer walked out of police custody only to commit another felony. Around that same time, another man was held in jail for violating a dress code. His crime — wearing a hoodie and saggy pants inside an RTA hub. The alleged murderer walked free, while the man with droopy drawers sat in jail. The reason? One had access to money while the other didn’t.
After multiple votes in the General Assembly, 47 vetoes by Governor Kasich, and 11 veto override votes in the House of Representatives (the most in 40 years!), Ohio now (almost) has a final two-year budget. The Senate has yet to act on the House’s veto overrides, so more changes could be made, but it seems safe to take a look at the good, the bad, and the ugly of the final budget as it now stands.