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This week on "The State of Ohio": The budget is on its way to a committee that will hammer out the differences before the end of the month deadline. But there are serious issues on both sides that could slow down the talks. A billion dollars is headed back to Ohio employers who paid into the states Bureau of Workers' Comp program. But a critic says the BWC has an outstanding bill that remains unpaid. And more on how Ohio's poorest people are surviving the rising costs of a basic existence.
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| Group says taxes and government rules make Ohio poor business climate. |
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By Bill Cohen - January 12, 2005 |
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The Ohio Chamber of Commerce today unveiled its own study of the state’s economy. The report shows Ohio ranks well above average among the states in its infrastructure and its research capabilities. But it says Ohio businesses face more problems than their counterparts in most other states because of high taxes and government regulations. Overall, Ohio is fairly average, according to the chamber study, but the group’s president-elect, Niles Overly, says the state has to do better, if it wants the economy to boom. The Chamber of Commerce acknowledges there have been dozens of studies of Ohio’s economy, and there are also economic indicators that are constantly being updated monthly, such as the state’s unemployment rate. But chamber officials say their study is the first independent one that pulls eight different economic factors into one report. |
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Niles Overly (:22)
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