Ohio has a very large, very healthy so-called rainy day fund.
State leaders brag about the billions stashed away for an emergency.
Leaders don’t tend to mention that all that money is raking in millions more in interest thanks to the recent rate hikes at the Federal Reserve.
We discuss the implications for everyday Ohioans.
Guests:
- David Lieb, Correspondent for The Associated Press
- Phil Dean, Chief Economist and Public Finance Researcher with the Gardner Policy Institute at the University of Utah
- Hannah Halbert, Executive Director for Policy Matters Ohio
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