After months of discussion and debate and several days of lingering questions, the state has a new two-year, $62 billion budget. The signing came with just hours to go before the new fiscal year.
The budget includes a gradual income tax cut over three years for everyone, a 50 percent income tax cut for small businesses, an increase in the state sales tax along with an expansion to digital downloads and magazine subscriptions, and some property tax changes. Gov. John Kasich said he was pleased with it, though it didn’t include his proposed Medicaid expansion.