Roegner Applauds Historic Tax Cuts in Senate Biennial Budget
June 9, 2021
Kristina D. Roegner News
COLUMBUS—Today, Senator Kristina Roegner (R-Hudson) joined her colleagues in passing Substitute House Bill 110, the Senate's budget proposal for Ohio's FY 2022-2023 biennium.
“The two most important priorities in a State Operating Budget to me are first that we keep more money in the pockets of Ohioans and less in the government coffers, and secondly, money that must be spent by the government should be spent in the most efficient way possible as to get the most benefit out of every dollar,” stated Senator Roegner.
Senator Roegner successfully advocated for several provisions in the Senate-passed version of the budget to accomplish these goals, including:
- An across the board 5% tax cut for Ohio taxpayers
- A provision allowing those who paid a municipal tax in 2020 or 2021 to a city where they did not work to obtain a refund
- An increase in force account limits so that local governments can build/repair roads, bridges, and culverts more cost effectively
Roegner also successfully advocated for funding to support the construction of a new safety center and fire station in Northfield Center Township.
“One of the most important roles of government is to ensure the infrastructure needed for our safety forces is sufficient to support their work, and I am delighted to direct funding to this critical project,” said Roegner.
Senator Roegner, however, voiced grave concern regarding the higher spending at the state and national levels. While the State of Ohio has a constitutional requirement to have a balanced budget, the federal government unfortunately does not have this requirement and continues to print and borrow more money with no end in sight. The federal government’s debt is over $28 trillion dollars, outpacing our GDP of $22 trillion.
Roegner warned, “If our country does not get spending under control quickly, our nation will face a fiscal cliff – inflation will rise dramatically and will undermine our economic security.”
The bill now returns to the Ohio House of Representatives, where it is expected to be referred to a conference committee where the House and Senate versions will be reconciled.
“The two most important priorities in a State Operating Budget to me are first that we keep more money in the pockets of Ohioans and less in the government coffers, and secondly, money that must be spent by the government should be spent in the most efficient way possible as to get the most benefit out of every dollar,” stated Senator Roegner.
Senator Roegner successfully advocated for several provisions in the Senate-passed version of the budget to accomplish these goals, including:
- An across the board 5% tax cut for Ohio taxpayers
- A provision allowing those who paid a municipal tax in 2020 or 2021 to a city where they did not work to obtain a refund
- An increase in force account limits so that local governments can build/repair roads, bridges, and culverts more cost effectively
Roegner also successfully advocated for funding to support the construction of a new safety center and fire station in Northfield Center Township.
“One of the most important roles of government is to ensure the infrastructure needed for our safety forces is sufficient to support their work, and I am delighted to direct funding to this critical project,” said Roegner.
Senator Roegner, however, voiced grave concern regarding the higher spending at the state and national levels. While the State of Ohio has a constitutional requirement to have a balanced budget, the federal government unfortunately does not have this requirement and continues to print and borrow more money with no end in sight. The federal government’s debt is over $28 trillion dollars, outpacing our GDP of $22 trillion.
Roegner warned, “If our country does not get spending under control quickly, our nation will face a fiscal cliff – inflation will rise dramatically and will undermine our economic security.”
The bill now returns to the Ohio House of Representatives, where it is expected to be referred to a conference committee where the House and Senate versions will be reconciled.