COLUMBUS, Ohio -- Senate Republicans released their two-year budget that gives a billion-dollar income tax cut to wealthier Ohioans, removes increases for Medicaid, and takes $600 million from unclaimed funds to build a new stadium for the Cleveland Browns.
“This is a bold budget,” Sen. Jerry Cirino, a Lake County Republican, said. “We are doing fiscally responsible things. We’re also making investments to help Ohioans with their property taxes and education.”
The 5,000-page proposal outlines how the state will spend $60.23 billion in state general fund dollars over the next two fiscal years, from July 2025 through June 2027.
The Ohio House passed its version in April, and lawmakers have until June 30 to agree on a final plan.
Here’s what it means for you:
Income tax cuts
The Senate’