{"id":104733,"date":"2018-07-14T05:46:59","date_gmt":"2018-07-14T10:46:59","guid":{"rendered":"https:\/\/www.thevwindependent.com\/news\/?p=104733"},"modified":"2018-07-14T05:46:59","modified_gmt":"2018-07-14T10:46:59","slug":"riedel-applauds-rainy-day-fund-deposit","status":"publish","type":"post","link":"https:\/\/thevwindependent.com\/news\/2018\/07\/14\/riedel-applauds-rainy-day-fund-deposit\/","title":{"rendered":"Riedel applauds Rainy Day Fund deposit"},"content":{"rendered":"<p><em>Submitted information<\/em><\/p>\n<p>COLUMBUS &#8212; State Representative Craig S. Riedel (R-Defiance) applauded the announcement that the Ohio Office of Budget and Management will be making a deposit of $657.5 million into Ohio\u2019s Budget Stabilization Fund, also known as the Rainy Day Fund.<\/p>\n<p>The deposit will be the sixth made since 2011, when there was just 89 cents in the fund. Since taking back the majority in 2011, House Republicans have helped build this surplus by passing balanced biennial budgets and encouraging fiscally responsible policies.<\/p>\n<p>\u201cWith the deposit of this money into the Rainy Day Fund, Ohio will have more financial security for any future monetary emergency. Ohio\u2019s economy is on solid ground because of the fiscal restraint achieved by the last few General Assemblies,\u201d Rep. Riedel said. \u201cThis good news allows the next General Assemblies the opportunity to further reduce the taxes that Ohio citizens pay.\u201d<\/p>\n<p>The Rainy Day Fund &#8212; now at nearly $2.7 billion &#8212; is Ohio\u2019s savings account, a reserve set aside during strong economic times to prepare for cyclical changes in revenues and expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Submitted information COLUMBUS &#8212; State Representative Craig S. Riedel (R-Defiance) applauded the announcement that the Ohio Office of Budget and Management will be making a deposit of $657.5 million into Ohio\u2019s Budget Stabilization Fund, also known as the Rainy Day Fund. The deposit will be the sixth made since 2011, when there was just 89 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-104733","post","type-post","status-publish","format-standard","hentry","category-news"],"publishpress_future_action":{"enabled":false,"date":"2026-08-01 13:39:33","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/104733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/comments?post=104733"}],"version-history":[{"count":0,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/104733\/revisions"}],"wp:attachment":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/media?parent=104733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/categories?post=104733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/tags?post=104733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}