Ohio officials add $657M to state's rainy day fund
COLUMBUS, Ohio — Ohio officials are adding another nearly $657 million to the state's rainy day fund, a move they say was made possible by lower spending and higher tax growth than expected.The transfer of surplus dollars brings the fund's balance to nearly $2.7 billion, far exceeding the 89 cents it held when Gov. John Kasich took office in 2011.The announcement Wednesday came just 15 months after Gov. Kasich joined GOP legislative leaders at a gloomy news conference where they announced
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