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Governor: "There is a Much Larger Storm Looming"

Governor Strickland says he has ordered $540 million in new cuts and other state budget adjustments as revenue shortfalls continue.

Strickland said Wednesday the latest moves come on top of $733 million in cuts he ordered in February.

The governor says he's asking for a 4.75 percent cut in all state agency budgets. He says vital programs such as a homestead tax cut and an expansion of children's health care will be maintained.

The Democrat says he won't ask the Legislature to tap the state's $750 million rainy-day fund because that money may be needed in the future if the economy continues to worsen. (Copyright 2008 by The Associated Press. All Rights Reserved.)

Jo Ingles is a professional journalist who covers politics and Ohio government for the Ohio Public Radio and Television for the Ohio Public Radio and Television Statehouse News Bureau. She reports on issues of importance to Ohioans including education, legislation, politics, and life and death issues such as capital punishment.