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Home / Ohio Governor: Collective Bargaining Law Saves $1.3 BillionOhio Governor: Collective Bargaining Law Saves $1.3 Billion
Last Updated on Tuesday, 5 April 2011 02:09 Written by rslcpol Tuesday, 5 April 2011 02:09
From Cleveland.com:
As union groups on Monday took the first step to blocking Ohio’s controversial new collective bargaining law, Gov. John Kasich’s administration released its fiscal analysis of the measure, claiming it will save state and local governments almost $1.3 billion a year.
The fiscal analysis of the law, which was known as Senate Bill 5, was done by officials in Kasich’s Department of Administrative Services (DAS). It claims the state would see $191 million in savings if the provisions of the law were implemented — a drop in the bucket compared to the $120 billion all-funds budget proposed by Kasich.
By far, the analysis shows the biggest chunk of savings would benefit local governments which would net some $1.1 billion a year, the projections show