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The State of Ohio

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Gov. Mike DeWine's budget includes boosts to charter schools and vouchers, but cuts to traditional public schools. A new candidate readies his long-awaited launch for the Ohio governor's race. A former candidate for governor shares his concerns about CFPB. Adrienne Robbins of OHCANN, Former CFPB Head Richard Cordray and former Rep. John Patterson (D) are guests.

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00:00:00	Support
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00:00:12	More at Med mutual.com.
00:00:14	The law offices of Porter,
00:00:14	right, Morris and Arthur LLP.
00:00:17	Porter Wright is dedicated
00:00:17	to bringing inspired legal
00:00:21	outcomes to the Ohio business
00:00:21	community.
00:00:23	More at porterwright.com.
00:00:25	Porter Wright
00:00:25	inspired Every day
00:00:27	in Ohio Education Association,
00:00:27	representing 120,000
00:00:31	educators who are united
00:00:31	in their mission
00:00:33	to create the excellent
00:00:33	public schools.
00:00:35	Every child deserves
00:00:35	more at OHEA.org.
00:00:39	Governor Mike DeWine.
00:00:40	Budget includes boosts
00:00:41	to charter schools
00:00:41	and vouchers,
00:00:43	but cuts to traditional public
00:00:43	schools.
00:00:46	A new candidate
00:00:46	readies his long awaited
00:00:48	launch for the Ohio governor's
00:00:48	race.
00:00:49	And a former candidate
00:00:50	for governor shares
00:00:50	his concerns
00:00:52	about the fate of the federal
00:00:52	consumer agency.
00:00:54	He helped start.
00:00:56	That's this
00:00:56	weekend. The state of Ohio.
00:01:15	Just.
00:01:16	Welcome to the state of Ohio.
00:01:18	I'm Karen, counselor, governor
00:01:18	Mike DeWine.
00:01:20	Proposed budget includes
00:01:20	$23.4 billion for education.
00:01:24	And DeWine said it would
00:01:24	fully fund the final phase
00:01:27	in of the school
00:01:27	funding formula
00:01:28	that was first
00:01:28	implemented in 2021.
00:01:31	But an analysis of the numbers
00:01:31	shows
00:01:33	there are actually cuts
00:01:33	to traditional
00:01:34	K through 12 public schools
00:01:36	and increases for vouchers
00:01:36	and charter schools.
00:01:40	The budget uses salary
00:01:40	and other data from 2022
00:01:43	for the fair school
00:01:43	funding plan
00:01:44	for K
00:01:44	through 12 public schools,
00:01:46	an analysis of information
00:01:48	from the Legislative Service
00:01:48	Office,
00:01:50	which reviews legislation
00:01:50	for lawmakers, shows
00:01:52	traditional public schools
00:01:52	will get $16 billion,
00:01:55	but that includes a cut
00:01:57	from the current spending
00:01:58	that adds up to $103.4 million
00:01:58	over two years,
00:02:02	with more than half
00:02:02	of the state's
00:02:03	over 600 districts
00:02:03	getting less state funding.
00:02:06	And a fifth of those schools
00:02:06	actually grew
00:02:09	their student populations
00:02:09	in the last year.
00:02:11	Meanwhile, public charter
00:02:11	and Stem schools will receive
00:02:14	$2.7 billion, or $221.8
00:02:14	million more,
00:02:19	and the state's five
00:02:20	voucher programs
00:02:20	will get $2.4 billion,
00:02:23	which is $265.4
00:02:23	million more over two years.
00:02:27	Because the budget does
00:02:27	not increase voucher amounts,
00:02:30	this suggests
00:02:31	that there's
00:02:31	the expectation
00:02:31	that more families
00:02:33	will take advantage
00:02:33	of vouchers,
00:02:34	which are available
00:02:34	to any family that wants them,
00:02:37	and most vouchers awarded.
00:02:38	And the recent expansion
00:02:38	went to kids
00:02:40	who have never attended
00:02:40	traditional public schools,
00:02:43	though those traditional
00:02:43	public schools will get less
00:02:46	with those increases
00:02:46	for vouchers and charter
00:02:48	schools,
00:02:49	there's a 1.9% boost in
00:02:49	spending for primary education
00:02:52	in the first year
00:02:52	of the budget,
00:02:54	and 1.4% more in the second,
00:02:54	DeWine's office
00:02:58	said in a statement
00:02:58	that the budget focuses on
00:02:58	where parents choose to obtain
00:03:01	an education
00:03:01	for their students,
00:03:03	and that the changes reflect
00:03:03	student population movement.
00:03:07	It continues, quote,
00:03:08	the previously adopted
00:03:08	Cut Patterson funding formula
00:03:11	is designed to reduce
00:03:11	state share when local share
00:03:14	increases due to increased
00:03:14	property tax revenue.
00:03:18	Due to the increase
00:03:18	in property
00:03:20	values across Ohio,
00:03:21	Cut Patterson is designed
00:03:21	to reduce state payments
00:03:24	in such a scenario, even when
00:03:24	the formula is fully funded
00:03:28	proposal.
00:03:28	as it is in the governor's
00:03:31	We'll have more on the fair
00:03:31	school funding plan
00:03:32	from former Representative
00:03:32	John Patterson of the Cut
00:03:35	Patterson formula.
00:03:36	Coming up,
00:03:37	tech billionaire
00:03:37	and Republican former
00:03:39	presidential candidate
00:03:39	Vache Ramaswamy
00:03:41	kicks off his campaign
00:03:41	for the Republican nomination
00:03:44	for governor on Monday
00:03:45	with a statewide
00:03:45	tour featuring four stops
00:03:48	Cincinnati, New Albany,
00:03:48	Strongsville and Toledo.
00:03:51	Like many Republicans,
00:03:52	Ramaswamy wants to eliminate
00:03:52	Ohio's income tax.
00:03:55	As he mentioned in a video
00:03:55	he posted on X earlier
00:03:58	this month.
00:03:59	I do think that eventually
00:03:59	it's going to be table stakes
00:04:02	to be zero income tax states
00:04:02	to state to the low property
00:04:04	tax burden in states that,
00:04:04	like Texas today, are closer
00:04:08	to being regulatory sandboxes
00:04:08	for many industries.
00:04:13	In that same video, Ramaswamy
00:04:14	also talked about universal
00:04:14	school choice, including home
00:04:17	schooling, merit
00:04:17	pay for public school faculty,
00:04:21	and a focus on
00:04:21	physical fitness,
00:04:23	something also mentioned
00:04:23	by former
00:04:24	Ohio State football
00:04:24	coach and newly
00:04:27	inaugurated Lieutenant
00:04:27	governor Jim Tressel,
00:04:29	who has not ruled out a run
00:04:29	for governor.
00:04:31	Ramaswamy,
00:04:31	who is from Cincinnati
00:04:33	and lives in Upper
00:04:33	Arlington, has lined up
00:04:35	several national conservatives
00:04:35	as well as statewide elected
00:04:38	officials to endorse him over
00:04:38	Attorney General Dave Yost,
00:04:42	who announced his campaign
00:04:42	for governor last month.
00:04:45	State lawmakers are taking
00:04:45	another pass on a bill
00:04:47	to regulate recreational
00:04:49	marijuana in Ohio,
00:04:49	which voters approved in 2023.
00:04:53	The measure, from Senator
00:04:53	Steve Huffman,
00:04:55	is similar to one that passed
00:04:55	the Senate last session
00:04:58	and would ban smoking cannabis
00:04:58	in public.
00:05:01	Reduce home grow
00:05:01	from a maximum of 12 plants
00:05:04	to six plants and limit
00:05:06	how concentrated dispensaries
00:05:06	THC products can be.
00:05:09	Opponents came out this week
00:05:11	to blast the bill,
00:05:11	some of whom
00:05:12	are members of the Ohio
00:05:12	Cannabis Coalition.
00:05:14	Or can.
00:05:17	when it comes to
00:05:17	So we definitely have concerns
00:05:18	Senate Bill 56.
00:05:19	I will say this week
00:05:19	there was a bill,
00:05:22	and we think that made
00:05:22	significant,
00:05:24	better changes to the bill.
00:05:25	And my understanding is
00:05:27	there are more changes
00:05:27	potentially coming.
00:05:29	So we're looking forward to
00:05:29	seeing what that looks like.
00:05:32	But I think
00:05:33	part of our concern is
00:05:33	when he talks about,
00:05:35	you know, the safety aspect.
00:05:37	the Division of Cannabis
00:05:37	If you look at what
00:05:39	Control is already doing,
00:05:40	that's what they're focused on
00:05:40	and they're taking care
00:05:43	of a lot
00:05:43	of these concerns already.
00:05:45	So in some ways we see
00:05:45	Senate Bill 56 as unnecessary.
00:05:49	At the same time,
00:05:49	he said he wants to,
00:05:51	you know, retain,
00:05:51	consumer availability.
00:05:54	We want to do that as well.
00:05:56	But if we make changes
00:05:56	and ultimately
00:05:59	can't have
00:05:59	a competitive market
00:06:00	when it comes to
00:06:02	what we're seeing in Michigan
00:06:02	and other states,
00:06:04	then consumers
00:06:05	won't have the availability
00:06:05	of those products.
00:06:08	Senator Huffman's
00:06:08	bill would lower how potent
00:06:11	the products can be saying it
00:06:11	THC cap of 35% for plant
00:06:15	products, 70%
00:06:15	for concentrates and extracts,
00:06:18	bringing recreational
00:06:18	marijuana in line with
00:06:21	medical marijuana.
00:06:22	The current cap
00:06:23	is 40% of plant products
00:06:23	and 90% for concentrates,
00:06:26	as I understand it.
00:06:27	It seems those caps
00:06:27	on potency,
00:06:29	which I know okay on
00:06:29	is referred to as purity,
00:06:31	are a big concern.
00:06:33	So does Ohio
00:06:33	want to be the leader
00:06:35	in high potency products,
00:06:36	or why
00:06:36	are you concerned about that?
00:06:39	Well, I don't know
00:06:40	if necessarily
00:06:40	I'm going to be the leader
00:06:41	in high potency products,
00:06:41	but you're right.
00:06:43	We've been saying this
00:06:43	is really a purity argument.
00:06:46	So when you pick up
00:06:46	these products,
00:06:48	they do have dosage
00:06:48	recommendations for consumers.
00:06:52	So, you know,
00:06:53	I think a lot of
00:06:53	people get scared
00:06:53	when you're hearing
00:06:55	about these high
00:06:56	potency products, but truly,
00:06:56	it's just a purity argument.
00:07:00	You don't want
00:07:00	all these additional fillers
00:07:02	in your products.
00:07:03	You know, you can look at it
00:07:03	like alcohol.
00:07:05	Do people drink liquor
00:07:07	like they drink beer? No,
00:07:07	because there are
00:07:09	recommendations
00:07:09	on those products.
00:07:11	We're looking at that
00:07:11	the same way.
00:07:13	And you know
00:07:13	who doesn't have THC caps?
00:07:16	The black market
00:07:16	and Michigan, again,
00:07:18	we want to make sure
00:07:18	that consumers
00:07:20	aren't going to the
00:07:21	that illicit market,
00:07:21	that they're not going
00:07:23	and taking their tax dollars
00:07:23	up to Michigan,
00:07:25	that they're staying here
00:07:25	in Ohio, where we know
00:07:27	that we have safe,
00:07:27	regulated and tested products.
00:07:31	One of the things that Senator
00:07:31	Hoffman's bill
00:07:33	would have done is increase
00:07:33	the tax from 10% to 15%.
00:07:37	You've got governor
00:07:37	Mike DeWine
00:07:38	talking about proposed 20%
00:07:40	tax rate
00:07:40	changes are out of that bill,
00:07:42	out of that sub bill,
00:07:42	as I understand it now.
00:07:44	It apparently will be dealt
00:07:44	with in the budget.
00:07:46	So what tax rate would okay.
00:07:49	I'd like to see.
00:07:49	And also
00:07:50	where do you want
00:07:50	those taxes to go
00:07:52	or do you have a position
00:07:52	on that.
00:07:54	So where we want to see
00:07:54	it is at the 10%
00:07:57	that the voters approved
00:07:57	already.
00:07:59	Again,
00:07:59	we're we're in our infancy
00:07:59	when it comes to our market.
00:08:02	And so to make a big change
00:08:02	like taxes and and ultimately
00:08:06	what we could see
00:08:07	is a rise in prices
00:08:07	for consumers so early on
00:08:10	could really plunge our market
00:08:10	into chaos.
00:08:13	Again,
00:08:13	we have to look at this,
00:08:14	that we are competing
00:08:14	with Michigan
00:08:16	and we are competing
00:08:16	with that illicit market,
00:08:18	and we don't want
00:08:19	to be putting all this burden
00:08:21	of additional pricing on
00:08:21	Ohioans.
00:08:23	And again,
00:08:23	sending Ohioans out of state
00:08:26	where we're not going to see
00:08:26	any of those tax dollars.
00:08:28	So if you raise the tax,
00:08:28	the question is,
00:08:30	do you even end up
00:08:30	with more tax revenue
00:08:32	if people
00:08:32	stop buying those products
00:08:34	because we made them
00:08:34	more expensive?
00:08:36	Additionally,
00:08:36	I think it's really important
00:08:37	to recognize that, yes,
00:08:37	it's a 10% excise tax,
00:08:41	but we also see a 7.5%
00:08:41	sales tax.
00:08:43	So really we're
00:08:43	we're at 17.5%.
00:08:47	Do you have a position
00:08:47	on where the taxes should go?
00:08:50	Well,
00:08:50	we certainly are concerned
00:08:52	about our host communities
00:08:53	and that fund,
00:08:54	my understanding was
00:08:54	the original Senate Bill 56
00:08:57	when it did deal with this
00:08:58	and then also the governor's
00:08:58	executive budget,
00:09:00	both of them would,
00:09:00	would get rid of that fund.
00:09:03	And we're very concerned
00:09:03	about that.
00:09:04	You know, our members,
00:09:05	being good community partners.
00:09:05	pride themselves in
00:09:09	And this is something
00:09:10	these local communities
00:09:10	had promised to them
00:09:13	and have planned on having.
00:09:14	And so we certainly think that
00:09:14	that fund
00:09:16	funding
00:09:16	needs to stay in place.
00:09:19	And finally,
00:09:20	this bill is similar to one
00:09:21	that passed
00:09:21	the Senate last session
00:09:23	but did not get through
00:09:23	the House.
00:09:24	Do you expect that
00:09:25	this measure or something
00:09:25	similar
00:09:27	to it, will get all the way
00:09:27	through the house?
00:09:29	And are you preparing
00:09:29	for that?
00:09:31	I certainly don't have
00:09:31	a crystal ball,
00:09:33	and I think if anyone acts
00:09:35	like they know what's
00:09:35	going to happen in the future,
00:09:36	they probably
00:09:36	they probably don't.
00:09:38	Especially
00:09:38	around the state House.
00:09:39	That's always
00:09:39	been kind of my rule of thumb.
00:09:41	So we'll see what happens.
00:09:42	We're having conversation
00:09:42	with lawmakers,
00:09:44	and we have been very hopeful
00:09:44	that they seem interested
00:09:47	in learning
00:09:47	more about the industry and
00:09:49	and really making sure
00:09:49	that we get this right,
00:09:51	because that's ultimately,
00:09:51	I think, what Ohioans really
00:09:53	there's a Partizan split
00:09:53	what do you find that
00:09:57	on whether
00:09:59	Democrats
00:09:59	or Republicans support
00:10:01	or oppose your industry
00:10:01	in general?
00:10:04	I don't think so.
00:10:05	I think a lot of lawmakers,
00:10:05	again,
00:10:06	are interested in learning
00:10:06	about this, this new industry.
00:10:09	And and at the end of the day,
00:10:09	that's what we hope.
00:10:12	We just hope that we can be
00:10:12	educating people.
00:10:14	You know,
00:10:14	when you look at those
00:10:15	who voted for issue two,
00:10:17	it certainly wasn't
00:10:17	a Partizan split.
00:10:19	You know, we saw,
00:10:19	red counties who voted for it.
00:10:22	We saw blue areas
00:10:22	that voted for it.
00:10:24	So I don't think that
00:10:25	marijuana is a Partizan issue
00:10:25	any longer.
00:10:27	There's a high probability
00:10:27	the bill
00:10:29	will be on the Senate floor
00:10:29	this coming week.
00:10:32	The future of the Federal
00:10:32	Consumer Financial Protection
00:10:35	Bureau hangs in the balance
00:10:36	as President Trump's
00:10:36	administration
00:10:38	tries to weaken it
00:10:38	and possibly shut it down.
00:10:41	There are legal battles over
00:10:41	whether he and Elon Musk,
00:10:44	the billionaire owner of X,
00:10:44	Tesla and SpaceX,
00:10:47	who Trump appointed to head
00:10:47	the Department of Government
00:10:50	Efficiency, have the authority
00:10:50	to shut down the Cfpb
00:10:53	since Congress created it.
00:10:55	But the first leader of that
00:10:55	bureau, a former Ohio
00:10:58	treasurer and attorney general
00:10:59	who ran for governor
00:10:59	against Mike DeWine in 2018,
00:11:03	says there is reason for alarm
00:11:04	with what the Trump
00:11:04	administration has been doing.
00:11:07	Why state House News
00:11:07	Bureau colleague Joe Ingles
00:11:09	talked with Richard Cordray
00:11:09	about the future of the Cfpb.
00:11:12	you're seeing what's happening
00:11:12	in Washington, D.C.
00:11:15	with your old bureau.
00:11:17	What are
00:11:17	your thoughts about that?
00:11:20	Well, I think there's there's
00:11:21	reason for real concern
00:11:21	and even alarm,
00:11:24	because right now, Doge is not
00:11:24	even a governmental entity.
00:11:30	And they are moving
00:11:30	through the federal government
00:11:32	with kind of a wrecking ball.
00:11:34	Without giving
00:11:34	a lot of forethought,
00:11:36	without understanding
00:11:36	how things fit together.
00:11:39	Just for the sake of trying
00:11:41	to break break things
00:11:41	and see what the reaction is.
00:11:45	And that's a
00:11:45	that's a concern.
00:11:47	But if you look at it
00:11:48	and think about it,
00:11:48	the Cfpb was created,
00:11:51	15 years ago in the wake
00:11:51	of the financial crisis.
00:11:55	If you remember,
00:11:55	the foreclosure crisis
00:11:58	and and mortgage problems
00:12:00	brought down
00:12:00	the economy
00:12:02	caused millions of people
00:12:02	to lose their homes,
00:12:03	millions of people
00:12:03	lose their jobs.
00:12:05	That was deeply felt
00:12:05	across the state of Ohio.
00:12:09	And the Cfpb was put in place
00:12:09	to stabilize
00:12:12	the mortgage market to make it
00:12:12	secure and effective.
00:12:15	Once again, and safe
00:12:17	for people
00:12:17	to borrow to, to buy homes.
00:12:21	And to put in place
00:12:21	other protections for us
00:12:23	and our families
00:12:25	against financial companies
00:12:25	being able to rip us off
00:12:28	without any consequences.
00:12:28	and cheat us, without,
00:12:32	So if the Cfpb if the CFP.
00:12:36	So if the agency goes away
00:12:36	tomorrow, what would
00:12:40	what would the net effect
00:12:40	be for consumers?
00:12:43	Well, first of all,
00:12:43	it would be
00:12:45	it would be terrible
00:12:45	for consumers
00:12:47	because it would remove
00:12:49	all the protections
00:12:49	that have been put in place
00:12:50	that have gotten lots of money
00:12:50	back for people,
00:12:53	$21 billion
00:12:53	that was wrongfully
00:12:55	taken from them
00:12:55	over the last 15 years
00:12:57	by a series of different acts
00:12:57	by financial companies
00:13:01	that were rectified
00:13:01	because of the work
00:13:02	of the Consumer Bureau.
00:13:04	The rules
00:13:05	that were put in place
00:13:05	to safeguard
00:13:06	the mortgage market
00:13:06	and render it a place
00:13:09	that we could lend and borrow
00:13:09	with confidence once again,
00:13:12	have been notable,
00:13:14	and they've strengthened
00:13:14	the economy, but I don't think
00:13:18	there's any real chance
00:13:18	that the agency is going away.
00:13:21	It is mandated by Congress.
00:13:23	Congress passed the law.
00:13:25	The law is in place.
00:13:26	You can't simply wave
00:13:26	your hands and ignore a law.
00:13:30	And you can't ignore
00:13:32	a statute that says
00:13:32	that the bureau shall exist
00:13:35	and it shall do this,
00:13:35	and it shall do that.
00:13:38	And the executive branch
00:13:38	has to take care that the law
00:13:41	is faithfully executed.
00:13:42	So I think there's a lot of
00:13:42	doom and gloom right now.
00:13:46	But they're looking at it
00:13:46	a little more carefully now,
00:13:49	taking some time to do so.
00:13:50	And I think they will find
00:13:50	that the laws are pretty firm
00:13:54	in terms of what they can do
00:13:54	and cannot do.
00:13:57	And I think they'll also find
00:13:57	that there's
00:13:59	a lot of financial companies,
00:13:59	not just consumers,
00:14:02	that are being helped
00:14:02	by the CFP.
00:14:05	If you're a small bank
00:14:05	or a credit union,
00:14:09	you're regulated by the FDIC.
00:14:11	And if the CFP
00:14:13	were put out of existence,
00:14:14	which would take
00:14:14	an act of Congress.
00:14:16	But if it were,
00:14:17	that would mean the big banks
00:14:18	would not be regulated
00:14:20	and you wouldn't have a level
00:14:20	playing field
00:14:21	that would hurt
00:14:21	a lot of small banks
00:14:23	in communities
00:14:23	across this country
00:14:26	and mortgage lenders as well.
00:14:28	So what do you think
00:14:28	will and what will happen?
00:14:31	Do you do
00:14:31	you know what kind of
00:14:33	what are you expecting
00:14:33	I guess is the way to put it?
00:14:36	Well,
00:14:36	I think they're trying to trim
00:14:38	down this federal government
00:14:38	and to some degree,
00:14:41	that's not a bad thing.
00:14:42	It's a good thing
00:14:42	for new administrations
00:14:44	to come in
00:14:44	and have fresh eyes on things.
00:14:46	But I think
00:14:46	when you start to see
00:14:48	how things are put together
00:14:48	and how they fit together
00:14:51	and what purpose they serve,
00:14:51	you begin to recognize
00:14:55	that you can do more harm
00:14:55	than good in some places.
00:14:58	So, for example,
00:14:59	they have just fired
00:15:01	most of the probationary
00:15:01	employees at the bureau.
00:15:04	It's about 70 people
00:15:04	from what I see, out of 1700.
00:15:08	So it is not a major pruning
00:15:08	of the Bureau,
00:15:12	but it's something that
00:15:12	they thought was appropriate,
00:15:14	and it's within their purview.
00:15:16	But for the rest
00:15:16	of the employees,
00:15:17	they have legal protections
00:15:17	under the law,
00:15:20	and they're being more careful
00:15:20	about that.
00:15:21	And I think that
00:15:21	they will find
00:15:23	and we will find over time
00:15:23	that,
00:15:26	the things they do to harm
00:15:27	the Bureau will be somewhat
00:15:27	limited in scope.
00:15:31	So you think that in
00:15:31	four years, the Bureau will
00:15:34	still be around,
00:15:35	and it will still be operating
00:15:36	much the same way
00:15:36	it's operating now?
00:15:39	Well, I think the bureau will
00:15:39	certainly still be around
00:15:42	unless Congress can repeal it.
00:15:43	But I don't think there's
00:15:43	the votes there to do that.
00:15:45	I think there's,
00:15:46	you know, a lot of sound,
00:15:46	sober, thoughtful people,
00:15:49	in the Congress that aren't
00:15:49	just the ideological warriors.
00:15:52	And they're going to hear
00:15:53	from their constituents,
00:15:55	they're going to hear
00:15:55	from the community banks,
00:15:56	they're going to hear
00:15:56	from the credit unions.
00:15:58	They're going to hear
00:15:58	from mortgage lenders
00:16:00	that it's not just consumers
00:16:00	that benefit,
00:16:02	but also some of these
00:16:02	smaller companies.
00:16:05	And I think they'll hear
00:16:06	from consumers, people
00:16:06	in their families
00:16:08	who have
00:16:08	been helped by the bureau
00:16:09	and who understand
00:16:09	that they want somebody
00:16:12	on their side
00:16:12	looking out for them,
00:16:14	making sure they're treated
00:16:14	fairly in
00:16:16	what can be a very complicated
00:16:16	financial marketplace.
00:16:18	You've seen
00:16:18	the stack of papers
00:16:20	at a mortgage closing that
00:16:20	people don't fully understand.
00:16:24	A lot of fine print there.
00:16:26	And people don't
00:16:26	want to be taken for a ride
00:16:29	on things that,
00:16:29	that the companies
00:16:32	get the better of them on.
00:16:33	So, I think the bureau will
00:16:33	certainly still be there.
00:16:36	Will it be damaged?
00:16:38	Will it be, have its wings
00:16:38	clipped?
00:16:41	In some respects, I think.
00:16:42	Yes, and I'm concerned
00:16:42	about that.
00:16:45	But I, I really don't think
00:16:45	that they can simply,
00:16:49	wish away,
00:16:49	an act of Congress and,
00:16:53	an agency that was established
00:16:53	by the Congress
00:16:56	very specifically
00:16:57	for purposes that benefit
00:16:57	ordinary Americans.
00:17:01	And for my own knowledge,
00:17:01	it takes 60% of Congress
00:17:04	to, 60% vote to do something
00:17:04	with the bureau,
00:17:09	but would take a 60% vote
00:17:09	in the Senate to do that.
00:17:12	There's talk of doing this
00:17:13	in some sort of budget
00:17:13	reconciliation bill.
00:17:16	But they'd have to pretty
00:17:16	much get
00:17:18	every single Republican
00:17:19	in the Congress
00:17:19	to line up for that.
00:17:21	And, you know,
00:17:24	strange things happen
00:17:24	sometimes, but,
00:17:26	I don't expect that
00:17:26	to happen, Joe.
00:17:29	Okay, great.
00:17:30	Anything
00:17:30	I didn't ask that you think
00:17:31	is important to talk about?
00:17:34	Oh. I'm
00:17:34	sure there's many things
00:17:36	that'll do for now,
00:17:36	but I'm around, and,
00:17:38	you know, I'm very concerned
00:17:40	about this subject
00:17:40	and following it closely.
00:17:42	And there may be
00:17:42	a lot more news
00:17:44	coming in the coming weeks.
00:17:46	And by the way,
00:17:46	there is a new nominee.
00:17:47	They've nominated someone to
00:17:47	be the director of the bureau.
00:17:50	So it seems that they expect
00:17:51	that it will continue
00:17:51	to exist.
00:17:53	And in fact, the nominee
00:17:53	has pretty good credentials.
00:17:56	And I'm optimistic
00:17:56	that may be a good leader
00:17:59	for the bureau coming up.
00:18:01	Cordray is not run for office,
00:18:02	since he lost by 3.7 points
00:18:02	to DeWine in 2018.
00:18:06	Cordray said he's not focused
00:18:06	on running for office
00:18:08	right now, and that his focus
00:18:08	is on the unprecedented
00:18:12	threat
00:18:12	that he says Cfpb is facing.
00:18:15	Back to the state budget,
00:18:16	school funding numbers
00:18:16	are always a big concern
00:18:18	for parents
00:18:19	and for lawmakers
00:18:19	who want to ensure the schools
00:18:22	and families in their district
00:18:23	are getting
00:18:23	what they want for education.
00:18:25	But the formula
00:18:25	that makes up the fair
00:18:27	school
00:18:27	funding plan is complicated.
00:18:29	And while the budget
00:18:29	fully phases in the formula,
00:18:32	it didn't fully phase
00:18:32	in the funding
00:18:34	because the salary data
00:18:34	and other inputs are from 2022
00:18:38	and were not updated.
00:18:39	Last week,
00:18:40	we featured the first part
00:18:40	of my conversation
00:18:42	with Democratic former
00:18:42	Representative John Patterson.
00:18:45	This week we pick it up again,
00:18:45	talking about the formula
00:18:47	that he and Republican former
00:18:47	speaker Bob Kopp developed
00:18:51	that forms the foundation of
00:18:51	the Fair School Funding Plan,
00:18:53	which seeks to base state
00:18:55	aid on both property taxes
00:18:55	and income in each district.
00:18:59	It's predictable.
00:18:59	This formula is predictable.
00:19:02	Keep in mind
00:19:02	that your local school
00:19:02	districts
00:19:04	are required to submit
00:19:04	a five year forecast.
00:19:07	The state gives us a two year
00:19:07	budget.
00:19:09	Now, how many of of of you
00:19:09	would like to have to plan
00:19:14	five years, but not knowing
00:19:14	where your income is coming?
00:19:17	Years
00:19:17	three, four and five. Awkward.
00:19:20	This allows that to happen.
00:19:21	So that they can plan
00:19:21	those programs,
00:19:23	get them in motion,
00:19:23	and then sustain them.
00:19:26	Predictability is important,
00:19:27	but you mentioned the inputs,
00:19:27	the idea of making
00:19:30	sure that salaries
00:19:30	and all this stuff is updated
00:19:33	right now in this budget,
00:19:33	I believe
00:19:34	the inputs are from 2022. Yes.
00:19:37	So that argues that the plan
00:19:37	is not fully funded.
00:19:40	That is correct.
00:19:41	And it the their updates
00:19:41	have to move along with it.
00:19:45	And if you think about
00:19:45	adequacy and equity
00:19:48	and the Supreme Court,
00:19:49	the four draft decision,
00:19:49	if it's fully funded,
00:19:53	it meets
00:19:53	the constitutional muster.
00:19:55	And that's what we need to
00:19:55	abide by in the state of Ohio.
00:19:59	You've heard Speaker
00:19:59	Matt Huffman,
00:20:02	among others, say that this is
00:20:02	he's got real concerns.
00:20:05	Hoffman has specifically said
00:20:06	he thinks it's unsustainable
00:20:06	to keep this funding up,
00:20:09	and there may be
00:20:09	some other things to look at.
00:20:12	Is it unsustainable?
00:20:13	I mean, this
00:20:13	this is a lot of money
00:20:16	we're talking about
00:20:16	here to keep it going. It is
00:20:19	I think
00:20:19	it's a matter of choice.
00:20:21	When we really care about
00:20:21	something, we find a way.
00:20:26	I question
00:20:27	the will,
00:20:27	not the why, the will.
00:20:31	And this is where
00:20:31	the people of Ohio,
00:20:33	through their elected
00:20:33	representatives,
00:20:35	have to agree that funding
00:20:37	education is important
00:20:37	because it's
00:20:39	to be selfish.
00:20:40	It's about the retirement
00:20:40	programs
00:20:42	that people have, right?
00:20:43	If we don't have people
00:20:44	paying into Social Security
00:20:44	or stress or
00:20:48	what's
00:20:48	going to happen to retirement,
00:20:50	what happens to property
00:20:50	values
00:20:52	when schools aren't funded
00:20:52	properly
00:20:53	and people
00:20:53	don't want to move there?
00:20:55	You remember as a young person
00:20:55	when you decided
00:20:57	you and your husband decided
00:20:58	where you were going to marry,
00:20:58	didn't
00:21:00	you check out the schools
00:21:00	to see they were good?
00:21:03	And if they're not,
00:21:03	how does that impact a person?
00:21:06	And this is about
00:21:07	this is a moral obligation
00:21:07	we have
00:21:09	for the kids of the future,
00:21:09	for the state of Ohio,
00:21:11	for all of us to live
00:21:11	in a state that is prosperous.
00:21:14	How does the Fair School
00:21:16	funding plan affect school
00:21:16	levies?
00:21:17	Though
00:21:17	Ohio has more school levies
00:21:19	than in the other
00:21:19	state in the country.
00:21:20	So now you open another
00:21:23	black box, if you will.
00:21:25	If you remember,
00:21:25	you were probably just,
00:21:27	in elementary school,
00:21:27	HB 920, in the 1970s,
00:21:31	which caps the amount of money
00:21:31	that a levy can, can,
00:21:35	can generate.
00:21:36	And now it's enshrined
00:21:36	in the Constitution.
00:21:38	Well, without those levies
00:21:41	being able
00:21:41	to be adjusted for inflation,
00:21:45	the only way to get new money
00:21:46	because of inflation
00:21:46	is to go back to the voters.
00:21:48	So we have levy fatigue.
00:21:50	So what I would like to do
00:21:50	if I still
00:21:54	were in the legislature,
00:21:55	the next steps would be to
00:21:58	begin to have some serious
00:21:58	discussions about that.
00:22:01	Now, keep in mind, in the 70s
00:22:01	we had rampant inflation
00:22:04	and interest rates were high
00:22:04	and it made sense to cap
00:22:07	property taxes,
00:22:07	but they just put a lid on it
00:22:10	and there's no wiggle room
00:22:10	there.
00:22:12	To change that, you'd have to
00:22:12	go back to the Constitution.
00:22:14	Exactly that.
00:22:15	And that's why it would.
00:22:17	But that also that's
00:22:17	not only school levies,
00:22:19	that's fire, that's police,
00:22:19	that's library, that's park.
00:22:23	All of them are impacted.
00:22:25	And I think they did
00:22:25	what they thought was right.
00:22:27	It at that time.
00:22:30	But I also think it's time to
00:22:31	revisit
00:22:31	that in a broader scale.
00:22:33	And that's going to be
00:22:33	a Herculean
00:22:35	effort, one thing at a time.
00:22:36	But but you're
00:22:36	right about levies.
00:22:38	There is levy fatigue.
00:22:40	And this is discussing the
00:22:40	whose time has come, I feel.
00:22:45	What about vouchers?
00:22:46	How do they play
00:22:46	a role in this?
00:22:48	Because vouchers have now
00:22:48	been expanded.
00:22:50	Pretty much any family
00:22:50	who wants them, including
00:22:52	now there's a lot of families.
00:22:54	I think most of the families
00:22:54	who are getting vouchers
00:22:56	have kids who have never been
00:22:56	to public school.
00:22:59	That's correct.
00:22:59	Now, keep in mind
00:22:59	the General Revenue Fund funds
00:23:03	education,
00:23:03	whether it's a fair school,
00:23:04	funding for, public schools
00:23:04	or the voucher program.
00:23:09	Also
00:23:09	all comes out of the GRF.
00:23:12	So, that's a discussion
00:23:12	that we have to
00:23:17	we have to have to
00:23:18	I mean, I know that there's
00:23:18	a court case coming up
00:23:21	that determined
00:23:21	everybody knows this.
00:23:23	The constitutionality
00:23:23	of of vouchers and such.
00:23:26	I also know that that we in
00:23:26	Ohio and is parents
00:23:31	believe in choice that if,
00:23:34	you believe that your kids
00:23:34	would be best educated in the,
00:23:37	the Korean
00:23:38	Academy of Higher Learning,
00:23:38	that would be your choice.
00:23:42	Or send them
00:23:42	to a parochial school.
00:23:45	But what I come back to
00:23:45	is where there are choices.
00:23:48	There also comes
00:23:48	responsibility.
00:23:51	There's a responsibility
00:23:51	to fund, the public schools.
00:23:55	And there are also ways
00:23:56	the funding,
00:23:56	those other alternatives to.
00:23:59	The next hearing in the case
00:24:01	involving the coalition
00:24:01	known as vouchers Hurt Ohio
00:24:03	is set for April in Franklin
00:24:03	County Common Pleas Court.
00:24:06	You can see the first part
00:24:06	of my conversation
00:24:08	with Democratic former
00:24:08	Representative
00:24:09	John Patterson in our archive
00:24:09	at State news.org,
00:24:13	and that is it for this week
00:24:13	from my colleagues
00:24:15	at the Statehouse News
00:24:15	Bureau of Ohio Public Media.
00:24:17	Thanks for watching.
00:24:18	Please check out our website
00:24:18	at State news.org
00:24:21	or find us online by searching
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