House To Decide On State Spending Plan

POSTED BY: George Hiotis
Monday, April 7, 2003 - 01:07 PM
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House republicans say they plan to decide soon on exactly how to come up with a balanced state-spending plan. The house finance committee spent the last several days
in rare weekend hearings to take testimony from Ohio citizens and agency officials on their budget plan. Republicans who control the house are trying to decide whether to further cut spending from Governor Bob Taft’s 49 billion dollar budget proposal, raise new revenue or use a combination of the two to plug the deficit. The current version of the house budget bill would reduce spending that Taft recommended by one-point-eight billion dollars. House speaker Larry Householder wants the finance committee to approve a bill by tomorrow so the full house can vote on it and send it the Senate on Wednesday. The budget goes into effect July first.

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