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The State of Ohio - Ohio's Economy
 
 
HEADLINES: Gov. Ted Strickland has directed state agencies to come up with plans for offering early retirement incentives to trim their work forces and save money. Ohio Senate Democrats have decided to stick with Ray Miller as their new leader, despite questions raised by an unpaid big hotel bill. The American Civil Liberties Union has gone to court to try to block Cuyahoga County from switching to a paper ballot voting system before the March primary as directed by the Secretary of State. Meanwhile, Jennifer Brunner is now saying she's backing off on implementing some of the recommendations she talked about on this show last month. The Ohio Supreme Court has ruled that state courts are not required to impose back-to-back prison terms for certain felonies, in the case brought by convicted serial rapist Kevin Johnson. An appeals court has rejected the argument from Claudia Vercellotti and Dan Frondorf, two members of an advocacy group that claimed House members violated the state's open meeting law by holding a closed-door meeting on a clergy sex abuse bill in March 2006. State treasurer Richard Cordray proposes his SaveNow, which calls for the state Legislature to authorize 25 million dollars and deposit it with banks across the state. The banks would then agree to pay 5 to 7 percent interest on SaveNOW accounts, which would have no minimum deposit requirement or fees, but there would be a 5-thousand dollar cap on the average daily balance.

ROUNDTABLE SEGMENT: 2008 dawned with dark skies on the economic horizon in Ohio. Here to talk about what they see in the future for Ohio's economy and what can be done about it are Jim Newton, chief economic advisor for Commerce National Bank. And joining us from our affiliate WVIZ in Cleveland is Dr. Edward "Ned" Hill, vice president for economic development at Cleveland State University.




January 18, 2008