By Jim Provance (The Toledo Blade), includes “The public records lawsuit will ask the Ohio Supreme Court to force the State Teachers Retirement System … to release information that investment firms have claimed is proprietary or a trade secret.”
By John Damscroder, includes “… The New York pension forced FirstEnergy to disclose direct and indirect political spending along with lobbying expenses, twice a year, to keep the pension from putting the proposal to a shareholders vote. Thus, the company on the receiving end of a billion dollar Ohio Statehouse bailout the U.S. Department of Justice alleges passed with the help of $60 million in political bribes has reform imposed from New York rather than Ohio. …” (Note: Parallels with Illinois developments?)
By Joey Garrison, includes “… Republicans have slammed the city and state relief as an unneeded bailout for liberal-controlled cities and states that mismanaged finances. This week they seized on a new J.P. Morgan study that found revenue growth in state governments declined only marginally since the pandemic hit, hardly the doomsday scenario that many forecasted last spring.”
By Colby Galliher, includes “… Because many of those older power plants operate at a loss, utilities taking this position often turn to local and state governments for subsidies or bailouts. While bailouts are not necessarily problematic in and of themselves, in some cases a shadowy constellation of individuals, organizations, and companies are the driving forces behind them. … They then take advantage of lax disclosure laws to conceal their involvement or their connections to the policymakers pushing to grant the bailout with public funds. …”
By Scott Rasmussen, includes “… On a percentage basis, the biggest increases were found in Idaho, Arizona, Nevada, and Utah.”
Millions of Americans are now working from home, with the pandemic shutting down their offices since last March.
Larry householder sounds unrepentant. Until July the Republican was speaker of Ohio’s state assembly—a politician best known for his prodigious fundraising and helping his party colleagues raise cash. Then in July the feds came knocking.
Federal prosecutors are looking at whether a network of companies with names pertaining to farming that apparently do no agricultural work illegally obtained $7.2 million in government loans and grants from a program meant to help businesses adversely affected by the coronavirus pandemic.
Let’s examine the scorecard for House Bill 6 amid federal allegations it was the tainted fruit of the largest racketeering corruption case the Ohio Statehouse has ever seen.
Ohio has been forced to borrow more than $1.1 billion from the federal government to pay unemployment benefits to jobless workers as the pandemic-triggered recession keeps unemployment highs.
During the past year, tens of millions of public dollars have flowed toward construction of the Columbus Crew SC's new Downtown stadium and its Mapfre training facility, but the local officials who approved the payments haven't requested or received any details about how the team spends that money.
Ohio state government continues to be gripped by an alleged $61 million bribery scandal involving a billion-dollar nuclear bailout.
Government tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades.
The 2020 Financial State of the States report surveys the fiscal health of the 50 states prior to the coronavirus pandemic. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
The city of Cincinnati will not have to borrow money to make its fiscal year 2021 budget, which began on July 1, come into balance.
If I don’t do this no one else in Ohio media will.
The billion-dollar bailout of one of Ohio’s biggest utilities seemed suspicious from the start. It turns out the F.B.I. was paying attention, too.
An accused co-conspirator called it an “unholy alliance” — dealings between a longtime Ohio politician seeking to restore his power and an energy company in desperate need of a billion-dollar bailout to rescue two nuclear plants in the state.
As Congress negotiates another coronavirus relief package, the federal deficit and debt are rising at record pace.
On Monday afternoon, Ohio teachers and union leaders called on the U.S. Senate to pass a COVID relief bill immediately.