What will a federal stimulus package mean for Ohio?

The Hannah News Service, Inc. released an article,White House: Ohio to Gain or Save More Than 140,000 Jobs from Stimulus, on February 5, 2009 which outlined the status of the Federal Stimulus package, it was passed in the House and is currently delayed by skeptical Republicans, and the benefits of the package for Ohio.

"For Ohio, that analysis predicts the creation or saving of 141,700 jobs over the next two years in a range of industries from clean energy to health care, with more than 90 percent in the private sector.

More than 4.5 million workers would receive a pay tax cut of up to $1,000, and 666,000 out-of-work Ohioans would get an additional $100 a month in unemployment insurance benefits.

Other benefits, according to President Barack Obama’s administration, include:

- 128,000 families would be eligible for a new $2,500 partially refundable tax credit for four years of college.

- At least 369 schools would receive money to help modernize facilities. "

Both U.S. Senator Brown and Gov. Ted Strickland are urging for the passage of the stimulus package.

The full document released by the White House is available at www.whitehouse.gov/assets/documents/White_House_Releases_Additional_State1.pdf

For more news on the Stimulus package check out the article Estimates of Ohio's benefits from stimulus plan vary widely.