You want to increase the local government fund significantly from 1.66% of state revenues to 2 1/2 percent. How do you do all that and still have that $1.4 billion tax cut? Simply Every year, the budget increases by at least $1 billion or $2 billion because of economic growth and inflation. Okay? So really, the key is just to be responsible. Hold spending to at least the rate of inflation or below. Our spending likely will be way above the rate of inflation. (05:50–05:58)
CLAIM
Asserts that Ohio's budget increases by at least $1 billion or $2 billion annually due to growth and inflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
