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budget

Congressional budget forecasters are predicting more red ink — nearly $1 trillion this year — as a result of the bipartisan spending agreement lawmakers struck this summer.

The nonpartisan Congressional Budget Office now says the federal deficit will hit $960 billion in fiscal 2019 and average $1.2 trillion in each of the next 10 years.

Updated at 3:07 p.m. ET

The Senate on Thursday approved a two-year budget deal that set new spending levels and boosted the nation's borrowing authority.

The bipartisan legislation, which was approved in a 67-28 vote, raises the debt ceiling past the 2020 elections and allows $1.3 trillion for defense and domestic programs over the next two years.

Weekly Reporter Roundtable

Jul 22, 2019
Alexander Smith / Wikimedia Commons

Governor Mike DeWine signed a two-year spending plan for the state.

The $69 billion budget became law after a two week delay while lawmakers mulled their differences over tax cuts for all and tax exemptions for small businesses. 

DeWine vetoed 25 line items, including a school funding provision that he said would have unfairly benefited wealthier school districts. 

Today on All Sides, the state budget, the vetoes, and more.

Gov. Mike DeWine, center, speaks between Ohio Senate President Larry Obhof, left, and Ohio House Speaker Larry Householder during the Ohio State of the State address at the Ohio Statehouse in Columbus, Ohio, Tuesday, March 5, 2019.
Paul Vernon / Associated Press

Ohio would cut personal income taxes by 4%, raise the age for buying tobacco products to 21 and direct $550 million for educational wraparound services such as mental health counseling under the state budget that lawmakers belatedly sent to Gov. Mike DeWine on Wednesday, hours before their extended deadline.

 Ohio Gov. Mike DeWine
Paul Vernon / Associated Press

After 17 days of overtime budget negotiations, lawmakers in the Ohio House and Senate have reached a $69 billion two-year spending deal.

Ohio Legislature May Be Nearing Agreement On State Budget

Jul 16, 2019
Ohio Governor Mike DeWine, left, shakes hands with Ohio House speaker Larry Householder after delivering the Ohio State of the State address at the Ohio Statehouse in Columbus, Ohio, Tuesday, March 5, 2019.
Paul Vernon / Associated Press

Lawmakers who have been negotiating Ohio's next two-year state budget were set to reconvene Tuesday, a day before the extended deadline for the House and Senate to pass the $69 billion spending plan.

st day of the 2017 Ohio State Fair, killing one man at the scene. A woman died from her injuries months later.
Jason Woodhead / Flickr

Next week’s opening of the Ohio State Fair will mark two years since a fairgoer died when a ride fell apart.

Weekly Reporter Roundtable

Jul 15, 2019
The Ohio Statehouse in downtown Columbus.
Wikimedia

Ohio lawmakers are racing to meet the Wednesday deadline to pass a two-year state budget.

Lawmakers passed an interim budget on June 30, giving themselves another 17 days to reach a compromise.

Today on the Weekly Reporter Roundtable, the state of the state spending plan and more.

Sen. Dave Burke (R-Marysville) is one of three Senators and four Republicans on the six member conference committee.
Ohio Senate

It’s almost two weeks into the state’s new budget year, and there’s still no permanent two-year operating budget.

Lt. Gov. Jon Husted at the Opportunity Zones Showcase in Columbus, where he unveiled the marketing platform for opportunity zones to share details on places and projects available for investment.
Karen Kasler / Statehouse News Bureau

Ohio has been operating under a temporary budget for a week and a half. But Lt. Gov. Jon Husted isn't too worried about the budget stalemate, which must be resolved by next week.

The Ohio Office of Budget Management is instructing state agency directors to keep a close watch on their spending during the 17-day budget extension.

Gov. Mike DeWine, center, speaks between Ohio Senate President Larry Obhof, left, and Ohio House Speaker Larry Householder during the Ohio State of the State address at the Ohio Statehouse in Columbus, Ohio, Tuesday, March 5, 2019.
Paul Vernon / Associated Press

Ohio is operating on temporary funding since lawmakers failed to pass a new two-year state budget by the constitutionally-mandated June 30 deadline. The delay has Democrats wondering whether time spent on controversial abortion laws could have better used hammering out budget details.

Weekly Reporter Roundtable

Jul 8, 2019
Alexander Smith / Wikimedia Commons

A federal judge last week temporarily blocked an Ohio ban on abortions after a fetal heartbeat is detected.

The decision benefits both abortion-rights supporters and opponents.

Supporters are pleased that the ban won’t immediately take effect. Opponents celebrate this next step in their hopes of reversing the landmark 1973 Roe v. Wade ruling.

Today on the Weekly Reporter Roundtable on All Sides with Ann Fisher: The abortion ban, the delayed state budget and more.

Ohio Governor Mike DeWine, left, shakes hands with Ohio House speaker Larry Householder after delivering the Ohio State of the State address at the Ohio Statehouse in Columbus, Ohio, Tuesday, March 5, 2019.
Paul Vernon / Associated Press

Ohio lawmakers failed to reach a state budget agreement by the midnight deadline, missing the mark for a spending deal for the new two-year cycle. Because the House and Senate couldn’t reach a compromise, both chambers passed a temporary budget extension to keep the government running. 

Weekly Reporter Roundtable

Jul 1, 2019
Alexander Smith / Wikimedia Commons

State lawmakers failed this weekend to strike a deal on a two-year operating budget and instead took steps to keep state government open for the next 17 days.

It's the first time since 2009 that lawmakers have missed the legal deadline to adopt an operating budget. 

Today on our weekly Reporter Roundtable, the state of the state budget, and more. 

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