Gov. Kasich's Ohio Budget Disaster
It sounds like a mythic tale of heroic salvation: A former Republican congressman with a fierce reputation as a cost-cutter comes out of retirement, runs for governor of one of the largest states in the country, and is swept into office by an anti-incumbent, anti-spending wave. Frustrated voters also give the new governor's party control of both houses in the state's legislature.
He promises to tackle a historic deficit by slashing spending in his first budget and then…tries to jack up spending by 11 percent during his first two years in office?
If the state of Ohio - "the Heart of it All" according to the state's license plates - is a political weathervane, then Gov. John Kasich's first proposed budget represents an ill wind for fiscal responsibility.
Kasich won a narrow victory in November by promising to create a business climate that would grow the state's shrinking private sector, which has bled nearly 600,000 jobs since 2000. He inherited a historic $8 billion deficit, a consequence of out-of-control spending that spiked outlays by 41 percent in inflation-adjusted dolars since 1990. (That huge bump, incidentally, happened mostly under Republican legislators.)
To call Kasich's opening budget a massive disappointment to the small-government proponents and Tea Party types who put him in office is an understatement.
Reformers such as Matt Mayer of the Columbus-based Buckeye Institute were hoping for a fundamental rethink of how the state spends money. Instead, in an embarrassing three-hour meeting in March, Kasich released a budget that actually increases spending over the coming two years from $50.5 billion to $55.5 billion (like many states, Ohio budgets for two years at a time).
Reason.tv sat down with Mayer to discuss what's gone wrong in Ohio and so many other states when it comes to cutting spending. And what John Kasich - and other leaders across the country - should do if they want to get serious about limiting the growth of government.
Aproximately 2 minutes.
Scrolldown for downloadable versions, and subscribe to Reason.tv's YouTube channel to receive notifications when all of our stories go live.
