COLUMBUS — Gov. Ted Strickland, Ohio Senate President Bill Harris and Ohio House Speaker Jon Husted just announced a $1.57 billion jobs stimulus package that aims to create new jobs while laying the foundation for future economic prosperity.
With the exception of the Clean Ohio program, this bipartisan package will not need to go to the ballot in November.
“I am thankful to President Harris and Speaker Husted for their leadership and hard work in helping develop a jobs plan that will create thousands of new jobs in our great state,” Strickland said.
Jumpstart
“Together, we have crafted a thoughtful approach to making the investments needed to jumpstart our economy.”
“I can support this plan — it invests in people and it creates real jobs because it requires private sector investment in the economy,” Husted said. “The plan does not mortgage Ohio’s future, it invests in it.”
The economic package makes major investments in workforce, infrastructure and new and emerging industries that will spur job creation in Ohio.
The state leaders agreed that while the availability of high-quality jobs is essential to Ohio’s future, so too are the investments we must make to link Ohio students and Ohio graduates to those jobs.
Students
This package calls for $250 million over the next five years to build a jobs pipeline for students — a resource that will expand internships and co-op programs that place Ohio at the forefront of job creation.
Moreover, attracting students and graduates back to Ohio will serve a critical role in this effort. The proposal’s investments of $1.57 billion, which represent approximately $700 million in less debt than the original proposal, will be funded through a combination of bond sales, existing revenue and other sources.
The details of the bipartisan economic package are:
New and emerging industries
Infrastructure
Workforce
Matched with private sector investments, this will make Ohio a leader in higher education and job creation efforts.
