Ohio Faces Tough Choices to Balance Budget
210 views · Published 23 July 2009 · 4:50 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
As the economy continues to falter and state tax revenues decline, 48 U.S. states face budget deficits in the coming fiscal year. Unlike the federal government, states generally do not borrow money to cover deficits. Most are drawing down cash reserves, using federal stimulus money, cutting services and increasing taxes to balance their budgets. In the central U.S. State of Ohio, the cutbacks adopted this month will affect services such as care for the elderly, food banks, and public libraries. VOA's Jeff Swicord reports from the capital city.