Ohio is Spending to Much

In Ohio the budget is predicting to be short some were between $733 million and 1.9 billion for the 2009 fiscal year. This can not be good because there is a limited number of things that you can do to fix this problem. So of them can be to cut money to state agencies like education, which is already not getting as much money as they should be.

The state economists have said that we will be in debt $733 million if the economy grows slowly, we could be $1.3 billion if there is no growth what so ever, and there could be $1.9 billion if the economy goes in to a recession. In Ohio the state's budget is $52.3 billion. To me that is a lot of money but to a state government that may not be a lot but I still think that we should be able to keep the budget balance of at least a lot closer than $733 million to $1.9 billion. Because the people that are working on our states budget should be the best for management money at the state government level.

Basically the whole United States economy has been slow in the recent months and many people are debating whether we are in a recession. The Federal Reserve has had emergency rate cut that were designed to help jump start spending to try to get us out of this recession. I hope that this will help the economy grow and get started again so we do not have to go in to a full recession. So problems we have already is that the Dow Jones Industrial Average that has drop over hundreds of points since trade began this year.

The Gov. Strickland has no I idea what programs he is looking to cut to help the government budget problem that the state is facing now. The only good thing that Ohio has in its budget is what they call a "$1 billion so-called rainy-day fund" which the governor may use. But I hope that he will first look at what he can cut from budget first before he uses the money that they have built up over the years. I hope that the state government can work its way out of this problem that we are in now.

I got this information for the article called "Ohio could face $1.9B deficit" for the Enquirer at http://news.enquirer.com/apps/pbcs.dll/article?AID=/20080123/NEWS01/301230067.