Kasich to outline 2017 vision in face of budget shortfall

COLUMBUS, Ohio (AP) — Ohio Gov. John Kasich (KAY’-sik) is joining with legislative and business leaders to discuss his economic development vision for the coming year.

The Republican’s remarks Thursday will come less than three weeks before his final two-year operating budget is introduced. It will be the most significant fiscal and policy document of the two years remaining before Kasich leaves office due to term limits.

He instructed agencies to submit both a flat budget and a 10-percent reduced budget for the biennium, as he faces a revenue shortfall approaching $621 million.

Kasich’s budget is expected to include continuation of Ohio’s Medicaid expansion, as allowed under the federal health care law; another attempt to hike severance taxes on oil-and-gas drillers; and cost-savings tied to more effective use of data analytics.