It has been announced on May 5 that Ohio is facing a budget deficiency close to $776.9 million.
Gov. Mike DeWine says that, in order to meet that gap, there will be $775 million worth of cuts in order to balance that budget.
From WEWS News 5 Cleveland:
“Decisions like this are certainly very difficult and unpleasant,” DeWine said. “But they are part of my responsibilities as your governor to make.”
The cuts will be made for the next two months.
Among the reduction in spending take include:
- Medicaid spending ($210 million)
- K-12 Foundation payment ($300 million)
- Several education line items ($55 million)
- Higher education funding ($110 million)
- Slashes to other agencies ($100 million)
All of the Ohio agencies, with the exception of the Department of Rehabilitation and Corrections, have been “taking cuts, including the governor’s office,” and have also been on a hiring freeze since late March.
Gov. DeWine has also announced he will be using the state’s “Rainy Day Fund” during the next difficult period. It will, however, have to be used at one point.
Click here to read more.
Article Courtesy of WEWS News 5 Cleveland
First and Second Picture Courtesy of Justin Merriman and Getty Images
LOCAL NEWS: Ohio To Face $775 Million in Budget Cuts Due to COVID-19 was originally published on wzakcleveland.com
OHIO: Three Dead Bodies Found ‘Bound and Gagged’
SZA Sizzles In A Curve-Hugging Bodysuit For Kim Kardashian’s SKIMS
Three Men Found Guilty For 2018 Murder of XXXtentacion
Who Jumped Tekashi 6ix9ine? Tweet Claims IG Video Shows Name Of Man Stomping Rapper
Jaw Dropper: SZA Shows Off Her ASSets in Skims Photoshoot
Okay, Let’s Talk About THAT Chloe Bailey/Damson Idris Scene In SWARM
Shaquille O’Neal Jokes About Getting A “BBL” While Recovering From Hip Replacement Surgery, Twitter Reacts
Finesse 3 Times? Rapper Finesse2Tymes Is In A Relationship With 3 Women At Once