| 00:00:02 | HELPING BUSINESSES AND
INDIVIDUALS SOLVE COMPLEX LEGAL |
| 00:00:06 | PROBLEMS IN OHIO, IN THE
COUNTRY, AND BROWN WORLD. |
| 00:00:11 | AND FROM THE OHIO INDICATION
ASSOCIATION REPRESENTING 131,000 |
| 00:00:16 | TEACHERS, SUPPORT PROFESSIONALS,
AND FACULTY WORKING FOR REPUBLIC |
| 00:00:22 | SCHOOLS FOR EVERY CHILD.
OHEA.ORG. |
| 00:00:24 | ADDITIONALñr SUPPORT IS MADE
POSSIBLE BY E-TECH OHIO. |
| 00:00:30 | A KEY MOMENT IN THE 2012
PRESIDENTIAL CAMPAIGN HAPPENS IN |
| 00:00:33 | OHIO.
SOME SURPRISING MESSAGES SENT |
| 00:00:36 | DURING A DEBATE ON TEXTING.
OHIO IS OFFERING A SHORT PERIOD |
| 00:00:41 | OF SANCTUARY FOR DELINQUENT
TAXPAYERS. |
| 00:00:42 | AND THE LATEST ON WHAT'S
HAPPENING WITH PENSION REFORM. |
| 00:00:45 | ALL THIS WEEK IN "THE STATE OF
OHIO". |
| 00:00:50 | CAPTIONED BY THE
NATIONAL CAPTIONING INSTITUTE |
| 00:00:52 | --WWW.NCICAP.ORG--
IT'S A BIG WEEKEND IN |
| 00:00:54 | PRESIDENTIAL POLITICS IN OHIO,
WHICH AS IT'S BEEN SAID OVER AND |
| 00:00:56 | OVER IS A KEY BATTLEGROUND
STATE. |
| 00:00:57 | PRESIDENT OBAMA IS OFFICIALLY
LAUNCHING HIS RE-ELECTION |
| 00:01:02 | CAMPAIGN BY STARTING IN
COLUMBUS, WITH A RALLY ON THE |
| 00:01:03 | OHIO STATE CAMPUS.
IT'LL BE THE PRESIDENT'S FIFTH |
| 00:01:10 | VISIT TO OHIO THIS YEAR. OBAMA
WRAPPED UP HIS 2008 CAMPAIGN |
| 00:01:12 | WITH A RALLY TO OHIO AS WELL --
A BIG EVENT ON THE STATEHOUSE |
| 00:01:14 | LAWN TWO DAYS BEFORE THE
ELECTION. |
| 00:01:15 | A NEW QUINNIPIAC POLL OUT THIS
WEEK SHOWS OBAMA LEADING THE |
| 00:01:20 | PRESUMPTIVE REPUBLICAN NOMINEE,
MITT ROMNEY, BUT NOT BY MUCH. |
| 00:01:22 | THE SURVEY SHOWED OBAMA AND
ROMNEY IN A VIRTUAL TIE, ONLY 2 |
| 00:01:24 | PERCENTAGE POINTS APART -- WITH
OBAMA DOING MUCH BETTER AMONG |
| 00:01:29 | WOMEN, WHILE MEN ARE STRONGLY
BEHIND THE FORMER MASSACHUSETTS |
| 00:01:34 | GOVERNOR.
MEANWHILE, THE DAY BEFORE THE |
| 00:01:39 | RALLY, ROMNEY WAS MAKING PHONE
CALLS IN LIEU OF A VISIT -- FOR |
| 00:01:44 | NOW.
I TALKED WITH MITT ROMNEY ABOUT |
| 00:01:45 | THE IMPORTANCE OF OHIO IN HIS
CAMPAIGN. |
| 00:01:46 | >> PEOPLE ARE STRUGGLING.
IF THEY FEEL LIKE THEY HAVE A |
| 00:01:54 | GREAT JOB AND A GREATER INCOME,
THEY WILL VOTE FOR PRESIDENT |
| 00:01:57 | OBAMA.
I DO NOT KNOW THAT I FIND THAT |
| 00:02:02 | IN OHIO AND ACROSS THE NATION.
>> THIS YEAR'S HONOREES INCLUDE |
| 00:02:11 | SUZANNE HOPPER, THE FIRST
OFFICER KILLED IN THE LINE OF |
| 00:02:14 | DUTY LAST YEAR.
<NO VIDEO><VIDEO OK><NO VIDEO><; |
| 00:02:29 | POLICE OFFICER JONATHAN BASTOCK,
UNIONTOWN POLICE CAPTAIN DANIEL |
| 00:02:31 | STILES, SANDUSKY POLICE OFFICER
ANDREW DUNN AND WARREN COUNTY |
| 00:02:33 | SHERIFF'S SGT. BRIAN DULLE.
THE CEREMONY ALSO INCLUDED THE |
| 00:02:34 | ADDING OF THE NAMES OF SIX
HISTORICAL INDUCTEES TO THE |
| 00:02:37 | OHIO FALLEN OFFICERS' MEMORIAL
WALL. |
| 00:02:38 | THE OLDEST OF THESE DATES BACK
TO JULY OF 1883 WITH THE DEATH |
| 00:02:41 | OF WELLINGTON POLICE OFFICER
GEORGE BRENNER. |
| 00:02:43 | 749 OFFICERS HAVE BEEN HONORED
FOR DYING IN THE LINE OF DUTY |
| 00:02:49 | SINCE 1823.
JUST IN TIME, OHIO REGULATORS |
| 00:02:53 | HAVE GRANTED AN OPERATING
LICENSE TO A COMPANY SLATED TO |
| 00:02:56 | OPEN THE STATE'S FIRST CASINO
THIS MONTH. |
| 00:02:57 | THE STATE CASINO CONTROL
COMMISSION GRANTED THE LICENSE |
| 00:03:03 | WEDNESDAY TO ROCK OHIO CAESARS,
AND ALLOWS THEM TO MOVE FORWARD |
| 00:03:07 | WITH THE MAY 14 OPENING OF
HORSESHOE CASINO CLEVELAND. |
| 00:03:11 | THE COMMISSION'S DECISION
FOLLOWS ITS REVIEW OF A LENGTHY |
| 00:03:15 | REPORT BY A GAMBLING CONSULTING
GROUP ON THE COMPANY'S |
| 00:03:19 | FINANCES.
COMPANY OFFICIALS TESTIFIED IN |
| 00:03:20 | APRIL ABOUT ONGOING PLANS FOR
THE CASINO, INCLUDING ITS LOCAL |
| 00:03:23 | HIRING PRACTICES AND SECURITY
MEASURES. |
| 00:03:25 | THE NEXT CASINO LIKELY TO OPEN
IS THE HOLLYWOOD CASINO IN |
| 00:03:29 | TOLEDO, WHICH MAY DEBUT JUST
AFTER MEMORIAL DAY. |
| 00:03:30 | GUN CONTROL ADVOCATES ARE
CRITICIZING AN UPCOMING |
| 00:03:33 | FUNDRAISER FOR A REPUBLICAN
STATE REPRESENTATIVE FROM |
| 00:03:35 | SOUTHWESTERN OHIO THAT
ENCOURAGES PEOPLE TO BRING |
| 00:03:38 | THEIR OWN GUNS AND SHOOT THEM AT
A FIRING RANGE. |
| 00:03:39 | THE OHIO COALITION AGAINST GUN
VIOLENCE AND SEVERAL DEMOCRATS |
| 00:03:45 | ARE URGING REP. MARGARET
CONDITT OF LIBERTY TOWNSHIP TO |
| 00:03:48 | CANCEL HER MAY 12 FUNDRAISER AT
THE MIDDLETOWN SPORTSMENS CLUB. |
| 00:03:51 | THEY CALLED THE EVENT
DISTASTEFUL AND IRRESPONSIBLE |
| 00:03:55 | IN THE WAKE OF A SCHOOL SHOOTING
THAT KILLED THREE OHIO STUDENTS. |
| 00:04:02 | A SPOKESMAN FOR THE HOUSE
REPUBLICAN CAUCUS SAYS -- |
| 00:04:04 | QUOTING HERE -- "THERE IS NO
LINK BETWEEN A MEMBER OF THE |
| 00:04:06 | GENERAL ASSEMBLY HOLDING A
FUNDRAISER WITH SPORTSMEN AT A |
| 00:04:08 | SHOOTING RANGE WITH THOSE WHO
COMMIT VIOLENT ACTS." |
| 00:04:10 | AND CONDITT'S CAMPAIGN TREASURER
SAYS THERE ARE NO PLANS TO |
| 00:04:16 | CANCEL THE EVENT, WHICH HE SAYS
ARE CONSISTENT WITH THE |
| 00:04:18 | LAWMAKER'S SUPPORT FOR GUN
RIGHTS. |
| 00:04:19 | THE OHIO SENATE HAS PASSED A
BILL THAT WOULD UPDATE RULES |
| 00:04:25 | RELATED TO PUBLIC RECORDS AT THE
STATE'S NEW PRIVATE JOB |
| 00:04:27 | CREATION AGENCY.
SENATE PRESIDENT TOM NIEHAUS |
| 00:04:30 | SAID THE CHANGES WOULD ADDRESS
CONCERNS FROM ATTORNEY GENERAL |
| 00:04:34 | MIKE DEWINE ON PHRASING OVER
PUBLIC RECORDS AT JOBSOHIO. |
| 00:04:36 | DEWINE SAID HE WAS WORRIED THE
AGENCY WOULD MAKE PUBLIC |
| 00:04:41 | RECORDS PRIVATE BECAUSE OF
PHRASING INTENDED TO SHIELD |
| 00:04:45 | CERTAIN BUSINESS DOCUMENTS.
A SPOKESMAN SAID GOV. JOHN |
| 00:04:50 | KASICH DIDN'T NECESSARILY AGREE
WITH DEWINE'S READING OF THE |
| 00:04:52 | BILL, BUT WORKED TO RELIEVE HIS
CONCERN. |
| 00:04:54 | THAT CHANGE MEANS THE BILL HAS
TO GO BACK TO THE HOUSE BEFORE |
| 00:05:00 | IT CAN GO TO THE GOVERNOR FOR
HIS SIGNATURE. |
| 00:05:01 | A BILL TO BAN TEXTING BEHIND
THE WHEEL MIGHT SEEM TO BE NON- |
| 00:05:16 | CONTROVERSIAL -- AFTER ALL, 37
STATES AND THE DISTRICT OF |
| 00:05:19 | COLUMBIA HAVE BANNED THE
PRACTICE FOR DRIVERS. |
| 00:05:20 | AND HUNDREDS OF COMMUNITIES
ACROSS THE COUNTRY HAVE |
| 00:05:23 | ADDITIONAL LOCAL BANS ON
TEXTING. |
| 00:05:25 | OHIO IS SIX STATES THAT HAS NO
BAN ON TEXTING BEHIND THE WHEEL |
| 00:05:32 | -- UNTIL THIS WEEK.
THE SENATE PASSED A BAN ON |
| 00:05:36 | TEXTING ON THURSDAY, BUT NOT
WITHOUT SOME PARTY-LINE |
| 00:05:39 | CROSSING DEBATE.
>> THIS WILL GO A LONG WAY TO |
| 00:05:50 | ENSURE FROM THE DANGERS OF
TEXTING AND WILL SAVE COUNTLESS |
| 00:05:53 | LIVES.
BUT CRITICS CAME FROM ALL SIDES. |
| 00:05:59 | FORMER MINORITY LEADER CAPRI
CAFARO OF HUBBARD NEAR |
| 00:06:01 | YOUNGSTOWN SAID SHE WAS
CONCERNED ABOUT THE INFRINGEMENT |
| 00:06:02 | ON PERSONAL FREEDOMS.
>> WHAT IS NEXT? |
| 00:06:05 | ORDER GOING TO BAN EATING BEHIND
THE WHEEL? |
| 00:06:12 | CHANGING THE RADIO?
TALKING TO THE PERSON NEXT TO |
| 00:06:14 | US?
LADIES AND GENTLEMEN, WE LIVE IN |
| 00:06:19 | THE UNITED STATES OF AMERICA.
WE SHOULD BE ABLE TO MAKE THE |
| 00:06:22 | DECISIONS FOR OURSELVES.
>> BUT REPUBLICAN SEN. JOHN |
| 00:06:24 | EKLUND OF NORTHEAST OHIO SAID
THAT'S PART OF WHAT HAPPENS WITH |
| 00:06:26 | EVERY PIECE OF LEGISLATION
LAWMAKERS PASS. |
| 00:06:28 | >> YOU SHOULD CONSIDER WHETHER
YOU ARE ALREADY NOT HAVING YOUR |
| 00:06:35 | FREEDOM TAKEN AWAY.
THAT IN AND OF ITSELF IS NO |
| 00:06:40 | HARM, NO BALL, UNTIL YOU ARE RUN
OFF THE ROAD AND KILL YOURSELF. |
| 00:06:44 | MAYBE YOU SHOULD HAVE THE
FREEDOM TO HAVE A COUPLE OF |
| 00:06:48 | BELTS BEFORE YOU HAD ON HOME TO
YOUR DISTRICT. |
| 00:06:53 | YOU'RE PERFECTLY FREE TO DO
THAT. |
| 00:06:55 | MAYBE THAT FREEDOM SHOULD BE
TAKEN AWAY FROM YOU. |
| 00:06:57 | THIS NOTION THAT IT IS TAKING
AWAY FREEDOM, EVERYTHING WE DO |
| 00:07:03 | IN SOME RESPECT, IMPEDES UPON
SOMEONE'S FREEDOM IN THE TRUEST |
| 00:07:09 | SENSE OF THE WORLD.
>> REPUBLICAN SEN. BILL SEITZ OF |
| 00:07:11 | CINCINNATI SAID HE WOULD HAVE
PREFERRED A LAW TO REDEFINE |
| 00:07:13 | DISTRACTED DRIVING AS A PRIMARY
OFFENSE, AND HE ALSO WORRIED |
| 00:07:15 | ABOUT POTENTIAL TO RACK UP
FINES AND PENALTIES ON THE LOCAL |
| 00:07:17 | LEVEL.
BUT THERE WAS ANOTHER REASON HE |
| 00:07:21 | WOULD VOTE NO.
>> I MAKE A PRACTICE NEVER TO |
| 00:07:27 | VOTE FOR A LAW THAT I MAY BE
GUILTY OF. |
| 00:07:30 | WHEN YOU DO, LO AND BEHOLD, YOU
GET TO BE THE ONE PULLED OVER. |
| 00:07:39 | NOW THEY WILL SAY THAT YOU ARE A
HYPOCRITE BECAUSE YOU VOTED YES |
| 00:07:45 | AND YOU WERE DOING IT YOURSELF.
I DO NOT TEXT MYSELF. |
| 00:07:50 | MY PALMS ARE NOT THAT DEXTEROUS.
I DO USE A CELL PHONE. |
| 00:07:56 | SOMETIMES I WILL READ AN E-MAIL.
>> THERE WERE SEVERAL ATTEMPTS |
| 00:08:03 | TO RESTRICT CELL PHONE USE
FURTHER INCLUDING AN AMENDMENT |
| 00:08:07 | THAT WOULD BAN ALL ELECTRONIC
COMMUNICATION IN CARS. |
| 00:08:09 | GOV. KASICH SAYS HE SUPPORTS
FOR THE FIRST TIME IN SIX YEARS, |
| 00:08:20 | INDIVIDUAL TAXPAYERS WHO EITHER
FAILED TO PAY OR FELL BEHIND ON |
| 00:08:23 | THEIR TAXES CAN COME CLEAN WITH
THE STATE. |
| 00:08:24 | THE STATE IS RUNNING A TAX
AMNESTY PROGRAM THROUGH JUNE |
| 00:08:30 | 15, OFFERING DELINQUENT
TAXPAYERS THE CHANCE TO PAY UP |
| 00:08:32 | WITHOUT PENALTIES AND ONLY HALF
THE INTEREST OWED. |
| 00:08:37 | ON THE FIRST DAY, THE PROGRAM
BROUGHT IN $571,000 IN BACK |
| 00:08:41 | TAXES.
HERE TO TALK ABOUT THE TAX |
| 00:08:42 | AMNESTY PROGRAM IS OHIO'S TAX
COMMISSIONER JOE TESTA. |
| 00:08:44 | WHY OFFER AMNESTY?
WHY NOT JUST GO AFTER THE PEOPLE |
| 00:08:49 | WHO HAVE NOT PAID THEIR TAXES?
>> THE TAX DEPARTMENT HAS A LOT |
| 00:08:53 | OF PROGRAMS GOING ON ALL THE
TIME ANYWAY AND HAVE BECOME MUCH |
| 00:08:58 | MORE SOPHISTICATED TECHNOLOGY
OVER THE YEARS. |
| 00:09:01 | THEY HAVE GOTTEN BETTER AND
BETTER. |
| 00:09:02 | THE IDEA OF AMNESTY IS, IN SPITE
OF THAT, THERE WILL STILL BE |
| 00:09:08 | PEOPLE THAT ARE BEHIND.
MAYBE THEY MISS REPORTED. |
| 00:09:17 | THOSE THINGS WILL ALWAYS BE ON
THERE. |
| 00:09:20 | THIS IS AN OPPORTUNITY FOR
PEOPLE TO COME FORWARD, CLEAR |
| 00:09:28 | THE BOOKS, MAKE THINGS CURRENT,
AND CATCH UP WITH THE REST OF |
| 00:09:33 | THE OHIO WENT TO OF ALL PAID
THEIR TAXES. |
| 00:09:36 | -- OHIOANS WHO HAVE ALL PAID.
EVERY ONCE IN A WHILE, SIX YEARS |
| 00:09:52 | IS A TIME FRAME GOVERNMENTS,
MANY STATE GOVERNMENTS, WILL TRY |
| 00:09:56 | TO INJECT THESE BACK UP.
IF THEY DO NOT, AT THE END OF |
| 00:10:02 | THE TIME, THEN THEY COULD BE
PICKED UP BY AN AUDIT OR A |
| 00:10:07 | DISCOVERY PROGRAM OF SOME SORT
THAT WILL RESULT IN MUCH HIGHER |
| 00:10:12 | PENALTIES AND INTEREST.
IT IS AN INCENTIVE TO GET PEOPLE |
| 00:10:15 | TO COME FORWARD AND IT HELPS US
TO CATCH UP. |
| 00:10:19 | >> AND RELIEVE THE FEAR OF
GETTING CAUGHT. |
| 00:10:23 | >> ONE WOULD THINK.
>> DO YOU CATCH A LOT OF |
| 00:10:26 | DELINQUENTS?
>> AS I MENTIONED, THE |
| 00:10:31 | TECHNOLOGY, THERE IS SOFTWARE,
COMPUTER PROGRAMS THAT MATCH OF |
| 00:10:37 | DIFFERENT TYPES OF TAXES WITH
ONE ANOTHER. |
| 00:10:39 | YOU FILED THIS, FILED THAT.
WE HAVE A GREAT RELATIONSHIP |
| 00:10:46 | WITH THE FEDERAL GOVERNMENT.
THERE'S A LOT MORE INFORMATION |
| 00:10:48 | THAT GOES INTO YOUR FEDERAL
RETURN, AND THE BUSINESS PEOPLE |
| 00:10:52 | KNOW THIS, THAT WILL MATCH UP.
YOU VIOLATE FEDERAL TAX RETURN |
| 00:10:58 | AS AN INDIVIDUAL WITH AN OHIO
ADDRESS BUT WE DO NOT HAVE BEEN |
| 00:11:02 | NO HIGHER RETURN?
THERE IS A DISCONNECTED THAT THE |
| 00:11:04 | COMPUTER WILL FIND.
IT COULD BE A VARIETY OF THINGS. |
| 00:11:08 | IT MAY NOT BE ANYTHING AT ALL,
AND THAT HAPPENS, TOO. |
| 00:11:13 | BUT THESE COMPUTER SYSTEMS TO A
MUCH BETTER JOB AT DISCOVERY. |
| 00:11:17 | CAN YOU IMAGINE?
CAN YOU IMAGINE TRYING TO MATCH |
| 00:11:21 | MANUALLY IN THE OLD DAYS?
I CANNOT IMAGINE HOW THEY COULD |
| 00:11:25 | HAVE DONE IT.
>> THOSE PEOPLE THAT HAVE GOTTEN |
| 00:11:28 | THE LETTERS, THEY ARE EXEMPT?
>> WHAT DO YOU MEAN IT? |
| 00:11:33 | >> THE PEOPLE WHO ARE NOT
ELIGIBLE TO BE PART OF THE |
| 00:11:38 | PROGRAM?
>> IT YOU HAVE RECEIVED A |
| 00:11:43 | NOTICE?
>> THEN IT IS GAME OVER. |
| 00:11:47 | OR IF YOU HAVE BEEN ASSESSED
DURING THE SAME TAX. |
| 00:11:50 | YOU ARE AGAIN COME ON THE RADAR,
SO TO SPEAK AND YOU ARE NOT |
| 00:11:57 | ELIGIBLE.
>> THIS IS FOR INDIVIDUALS, |
| 00:12:00 | BUSINESSES, CORP.?
>> IT IS ESSENTIALLY ALL TAXES. |
| 00:12:07 | THERE IS ONE EXCEPTION, THE
CONSUMER USE TAX, AND WE HAVE A |
| 00:12:11 | DIFFERENT AMNESTY GOING ON WITH
THAT. |
| 00:12:13 | >> THE LAST TIME YOU DID THIS
WAS IN 2006 AND IT BROUGHT IN |
| 00:12:20 | ABOUT $60 MILLION.
HOW MUCH DO YOU THINK WILL COME |
| 00:12:24 | IN THIS TIME?
>> WE ARE ESTIMATING IT DOWN. |
| 00:12:28 | WE'RE ESTIMATING $36 MILLION FOR
THE STATE AND ABOUT $4 MILLION |
| 00:12:32 | FOR THE LOCAL GOVERNMENTS.
WE'RE DOWN TO ABOUT $40 MILLION |
| 00:12:40 | TOTAL.
THE REASON IS DOWN IS BECAUSE |
| 00:12:45 | TAX LAWS HAVE CHANGED IN OHIO
SINCE TAX REFORM IN 2005. |
| 00:12:51 | WE HAVE ELIMINATED MOST OF THE
CORPORATE FRANCHISE TAXES WHICH |
| 00:12:56 | DO NOT EXIST EXCEPT FOR
FINANCIAL INSTITUTIONS. |
| 00:12:59 | WE HAVE NO BILLS IN THE OPERA AT
THE MOMENT TO FIX THAT. |
| 00:13:02 | THOSE ARE TWO FAIRLY LARGE TAXES
OUT THERE THAT HAVE GONE AWAY. |
| 00:13:07 | SECONDLY, WHAT I MENTIONED
BEFORE, THE TECHNOLOGY THAT HAS |
| 00:13:13 | ENABLED TAX DISCOVERY TO BE MUCH
MORE SOPHISTICATED. |
| 00:13:16 | WE THINK THE POPULATION OF THOSE
WHO HAVE NOT REPORTED IS GOING |
| 00:13:21 | TO BE SMALLER THAN IT WAS SIX
YEARS AGO BECAUSE OF THE |
| 00:13:24 | INVESTMENTS IN TECHNOLOGY.
PLUS THERE IS THE END ECONOMY. |
| 00:13:30 | HOW MUCH OF THAT HAD AN IMPACT
ON IT? |
| 00:13:32 | IT COULD HAVE HAD A LITTLE.
WE GO THROUGH WHAT WE HAVE DONE |
| 00:13:36 | BEFORE AND WE FACTOR IN THE
THINGS THAT I JUST MENTIONED TO |
| 00:13:40 | YOU.
THEN WE LOOK AT OTHER STATES |
| 00:13:42 | THAT HAVE CONDUCTED AMNESTY
PROGRAMS TO SEE HOW MUCH OF A |
| 00:13:45 | DROP-OFF, OR WHATEVER, THEY GOT
FROM SEVERAL YEARS AGO. |
| 00:13:49 | THEN WE COME UP WITH WHAT WE
BELIEVE IS A PRETTY GOOD |
| 00:13:54 | ESTIMATE OF ABOUT $40 BILLION.
>> THIS IS THE THIRD TIME HAVE |
| 00:13:58 | DONE THIS IN 10 YEARS.
WOULD YOU TELL PEOPLE WHO SAY |
| 00:14:03 | THEY DO NOT HAVE THE MONEY TO
PAY AND THEY WILL CATCH IT THE |
| 00:14:07 | NEXT TIME.
>> I WOULD SAY YOU DO NOT WANT |
| 00:14:11 | TO DO THAT.
FOUR YEARS IS A FAIRLY TIGHT |
| 00:14:18 | TIMEFRAME FOR AMNESTY.
HOW FREQUENTLY SHOULD WE DO |
| 00:14:22 | THESE?
YOU DO NOT WANT TO DO THEM TO |
| 00:14:24 | FREQUENTLY BECAUSE THEN PEOPLE
EXPECTED. |
| 00:14:26 | THEY WILL WAIT AND USE THAT
MONEY SOMEPLACE ELSE IN THE |
| 00:14:32 | MEANTIME.
AND THEN IT INEVITABLY COMES |
| 00:14:36 | AROUND AGAIN TO GET A BREAK ON
PENALTIES AND INTEREST. |
| 00:14:40 | ARE THERE PEOPLE WHO DO THAT?
I DO NOT THINK IT IS VERY SMART. |
| 00:14:44 | THEY ARE DETECTED, IF WE PICK
THEM UP, THE PENALTIES AND |
| 00:14:49 | INTEREST ARE MUCH MORE SEVERE.
THEY WOULD AVOID THAT. |
| 00:14:54 | >> TAX COMMISSIONER, JOE TEST.
THANK YOU. |
| 00:14:59 | WE'LL BE RIGHT BACK.
AND NOW AN UPDATE FROM LAST |
| 00:15:06 | WEEK'S SHOW -- ABOUT HOW TO PAY
FOR RETIREMENT, WITH DEFINED |
| 00:15:09 | BENEFIT SYSTEMS SUCH AS PENSIONS
OR DEFINED CONTRIBUTION SYSTEMS |
| 00:15:11 | SUCH AS 401K'S.
OHIO'S PUBLIC EMPLOYEES ARE |
| 00:15:15 | PART OF THE STATE'S PENSION
SYSTEM, WHICH IS MADE UP OF FIVE |
| 00:15:18 | FUNDS.
THOSE FUNDS HAVE MADE |
| 00:15:23 | RECOMMENDATIONS FOR CHANGES AND
REFORMS TO STATE LAWMAKERS, AND |
| 00:15:26 | LEGISLATION RELATED TO THOSE
CHANGES IS STARTING TO MOVE |
| 00:15:31 | FORWARD.
SENATE PRESIDENT TOM NIEHAUS |
| 00:15:34 | HAS SAID IT COULD COME UP IN
THE NEXT WEEK, BUT THE CHAIR OF |
| 00:15:39 | THE HOUSE COMMITTEE THAT WOULD
HEAR PENSION REFORM IS URGING |
| 00:15:43 | LAWMAKERS TO TAKE A SLOW DOWN.
HE IS REP. KIRK SCHURING, A |
| 00:15:46 | REPUBLICAN OF CANTON, AND HE'S
NOT JUST THE CHAIR OF THE HOUSE |
| 00:15:49 | HEALTH AND AGING SUBCOMMITTEE
ON RETIREMENT AND PENSIONS, BUT |
| 00:15:51 | HE'S ALSO A MEMBER OF THE OHIO
RETIREMENT STUDY COUNCIL, WHICH |
| 00:15:56 | WILL PUT OUT A REPORT ON THE
FIVE FUNDS IN THE NEXT FEW |
| 00:15:58 | WEEKS.
THIS IDEA THEIR RESERVATIONS IN |
| 00:16:03 | THE HOUSE WILL NOT STOP THE
BILL. |
| 00:16:06 | WHAT WILL HAPPEN HERE?
WHY ARE YOU URGING LAWMAKERS TO |
| 00:16:11 | TAKE A STEP BACK?
>> WE HAVE A BICAMERAL |
| 00:16:15 | LEGISLATURE.
THE SENATOR CAN CERTAINLY DO |
| 00:16:17 | WHAT HE THINKS IS APPROPRIATE.
I THINK THE SENATOR IS WELL |
| 00:16:24 | INTENDED.
I USED TO SERVE IN THE SENATE |
| 00:16:25 | WITH THE NOW PRESIDENT, SO I
KNOW HE IS ALWAYS VERY |
| 00:16:30 | THOUGHTFUL AND CONSIDERATE AS
HE PROPOSES PUBLIC POLICY. |
| 00:16:34 | HOWEVER, WHERE I AM COMING FROM,
IT WAS JUST ABOUT ONE YEAR AGO |
| 00:16:41 | THAT THE BODY THAT HAS OVERSIGHT
OVER THE FIVE PUBLIC RETIREMENT |
| 00:16:45 | SYSTEMS AND IT WAS COMPRISED OF
SENATORS AND REPRESENTATIVES, |
| 00:16:50 | REPUBLICAN THAN DEMOCRAT.
WE UNANIMOUSLY SAID WE WANTED TO |
| 00:16:55 | TAKE A TIMEOUT AND LOOK AT THIS
PUBLIC POLICY MORE THOROUGHLY. |
| 00:17:00 | WE WANTED A SECOND OPINION.
CERTAINLY THE FIVE SYSTEMS HAD |
| 00:17:05 | VERY COMPETENT PEOPLE, COMPETENT
ACTUARIES. |
| 00:17:10 | JUST LIKE IF YOU OR A LOVED ONE
WAS CONTEMPLATING MAJOR SURGERY, |
| 00:17:15 | YOU WOULD WANT TO GET A SECOND
OPINION. |
| 00:17:18 | THE REPERCUSSIONS OF WHAT WE DO
WITH PENSION REFORM WILL LAST |
| 00:17:25 | FOR A LONG, LONG TIME, AS WELL
THEY SHOULD. |
| 00:17:27 | THAT IS THE OTHER REASON WHY I'M
SAYING WE NEED MORE PROCESS. |
| 00:17:30 | WE CANNOT AFFORD TO DO A LITTLE
BIT NOW AND COME BACK NEXT YEAR |
| 00:17:35 | OR THE YEAR AFTER AND DO A
LITTLE BIT MORE BECAUSE RETIREES |
| 00:17:40 | AND ACTIVE MEMBERS NEED TO KNOW
WHAT THE RULES OF THE GAME ARE |
| 00:17:43 | THEY NEED TO KNOW WHAT THE
BENEFIT PACKAGE WILL BE. |
| 00:17:44 | IN ACCORDANCE WITH THE FINDINGS,
WE HAVE HIRED AN INDEPENDENT |
| 00:17:53 | CONSULTANT TO LOOK AT WHAT THE
FIVE SYSTEMS HAVE OFFERED AND |
| 00:17:57 | ALSO LOOK AT OTHER THINGS THAT
ARE A PART OF THE DYNAMIC OF THE |
| 00:18:01 | PENSION REFORM.
THAT REPORT IS DUE SOMETIME IN |
| 00:18:05 | THE MIDDLE PART OF THIS SUMMER.
I WANT TO GET LEGISLATION PASSED |
| 00:18:09 | BY THE END OF THIS YEAR AND I
THINK THE SENATE WOULD LIKE TO |
| 00:18:12 | DO THE SAME PERIOD WE ARE OFF AS
FAR AS THE TIME LINE, BUT THE |
| 00:18:18 | GOAL AND OBJECTIVE OF THE SENATE
AND THE HOUSE IS THE SAME AND I |
| 00:18:22 | THINK THE SYSTEM'S ONE THAT
REFORM, TOO. |
| 00:18:24 | WE NEED TO DO IT SOONER RATHER
THAN LATER BUT THERE'S MORE |
| 00:18:28 | PROCESS TO BE UNDERTAKEN.
>> WHEN THE SENATE PRESIDENT |
| 00:18:34 | SPOKESPERSON SAYS TO GET IT DONE
WITHIN THE TIMELINE, THAT IS THE |
| 00:18:36 | GOAL?
>> TO HAVE COVERED THEM FOR A |
| 00:18:40 | LONG TIME.
WE ONLY HAVE A NUMBER OF SESSION |
| 00:18:42 | DAYS IN THE HOUSE AND SENATE
REMAINING BEFORE BY LIKE TO CALL |
| 00:18:46 | THE DISTRICT WORK PERIOD.
WE GO BACK AND LISTEN TO PEOPLE |
| 00:18:52 | AND ALSO TAKE THE TIME COME IN
THIS CASE, HAVE A DIALOGUE WITH |
| 00:18:57 | OUR CONSULTANT TO LOOK AT THE
POLLS GO UP ALL THE ALTERNATIVES |
| 00:19:01 | AVAILABLE TO MAKE SURE THAT
PUBLIC EMPLOYEES IN OHIO HAVE |
| 00:19:08 | THE HIGHEST QUALITY BENEFITS AND
THAT RETIREES CAN REST ASSURED |
| 00:19:12 | THAT THEY KNOW WHAT THEIR HEALTH
CARE BENEFIT IS GOING TO BECOME |
| 00:19:15 | A WITH THE COST OF LIVING
INCREASE OR ADJUSTMENT WILL BE |
| 00:19:19 | AND NOT JUST HAVE SOMETHING
WHERE ONE YEAR IS ONE WAY, THE |
| 00:19:23 | NEXT YEAR IS SOMETHING
DIFFERENT. |
| 00:19:25 | IF I MAY, ONE OF THE THINGS THAT
AS NOT BEING ADDRESSED UNDER THE |
| 00:19:29 | CURRENT PLAN OFFERED IS THIS
DICHOTOMY BETWEEN THE PENSION |
| 00:19:36 | BENEFIT AND THE HEALTH CARE
BENEFIT. |
| 00:19:38 | IN OHIO COMMITTEE CONTRIBUTIONS
PAID FOR BY EMPLOYEES AND |
| 00:19:43 | EMPLOYERS ARE ACTUARIALLY
DESIGNED TO FUND THE PENSION |
| 00:19:46 | BENEFIT.
OHIO, LIKE OTHER STATES, HAS |
| 00:19:50 | THIS NON-STATUTORY HEALTH CARE
BENEFIT. |
| 00:19:53 | THE WAY IT IS PAID FOR IS TO
TAKE MONEY OUT OF THE PENSION |
| 00:19:57 | SURPLUS.
WITH RETIREES LIVING LONGER, |
| 00:20:02 | HEALTH INSURANCE COSTS GOING UP,
IT IS AN INCREASED DEMAND ON THE |
| 00:20:05 | PENSION SIDE OF THE EQUATION SO
THEY HAVE TO TAKE MONEY FROM THE |
| 00:20:09 | HEALTH CARE FUND TO PAY THE
PENSION BENEFITS. |
| 00:20:11 | I COULD ARGUE THAT THE REFORM
MEASURES THAT THE SYSTEM'S |
| 00:20:16 | OPERATOR SUGGESTING THAT WE
SHOULD CUT THE PENSION BENEFITS |
| 00:20:20 | SO THAT THERE'S MORE SURPLUS
MONEY AVAILABLE TO PAPER THE |
| 00:20:24 | HEALTH CARE.
WE NEED TO DO THIS INÑi A MORE |
| 00:20:26 | THOROUGH WAY, IN A WAY THAT WE
CAN FUND THE HEALTH CARE SIDE |
| 00:20:30 | AND THE PENSION SIDE OF THE
EQUATION IN A WAY THAT CAN BE |
| 00:20:33 | SUSTAINABLE FOR MANY, MANY YEARS
TO COME. |
| 00:20:37 | THAT IS PART OF THE WHAT WE HAVE
THE CONSULTANT LOOKING AT. |
| 00:20:41 | THEY HAVE DONE THIS FOR OTHER
STATES ACROSS THE UNITED STATES. |
| 00:20:43 | WE NEED TO LOOK AT BEST
PRACTICES TO MAKE SURE WE'RE |
| 00:20:47 | DOING WHAT IS BEST FOR THE
PUBLIC EMPLOYEES AND THE PRIVATE |
| 00:20:52 | EMPLOYER RETIREES IN OHIO.
>> YOU SAY YOU WANT TO DO THIS |
| 00:20:55 | RIGHT.
YOU DO NOT WANT TO DO A LITTLE |
| 00:21:02 | THIS YEAR, SO SHOULD PEOPLE
EXPECT A BIG, SWEEPING REFORMS |
| 00:21:05 | OR WHAT?
>> "SWEEPING" WOULD BE TOO |
| 00:21:10 | STRONG OF A TERM, BUT THERE HAS
BEEN DISCUSSION ABOUT WHAT THE |
| 00:21:14 | REFORMS WILL BE.
THE GENERAL MODEL IS OUT THERE. |
| 00:21:17 | I DO NOT THINK THERE WILL BE ANY
SUBSTANTIVE CHANGES TO THE MODEL |
| 00:21:22 | THAT HAS BEEN DISCUSSED UP TO
THIS POINT THAT TIME. |
| 00:21:25 | >> JUMMY MAKING CHANGES IN THE
RETIREMENT AGE? |
| 00:21:28 | >> YES, THE COST OF LIVING
ADJUSTMENT, TEHE COLA, THE |
| 00:21:36 | FINAL AVERAGE SALARY AND HOW WE
DETERMINE IF IT WILL BE THREE |
| 00:21:39 | YEARS, FIVE YEARS.
THERE ARE A WHOLE HOST OF THINGS |
| 00:21:43 | THAT I THINK OUR FUNDAMENTAL TO
OUR RETIREMENT SYSTEM REFORM, |
| 00:21:48 | BUT HOW CAN WE SUSTAIN THE
PENSION AND HEALTH-CARE |
| 00:21:51 | BENEFITS?
RETIREES TODAY, EVEN THOUGH IT |
| 00:21:54 | IS NON-STATUTORY, THEY COULD
TAKE UP MORE OF THE PENSION |
| 00:22:00 | BENEFIT.
WE HAVE TO MAKE SURE BOTH OF |
| 00:22:01 | THEM ARE SUSTAINABLE OVER THE
LONG HAUL. |
| 00:22:03 | >> ONE FUND IS LOSING $2 MILLION
PER DAY WHILE THESE ARE NOT |
| 00:22:10 | BEING ENACTED.
FROM YOUR PERSPECTIVE, IS THAT |
| 00:22:13 | SOMETHING THAT YOU BELIEVE?
IF IF THAT IS TRUE, IS THERE ANY |
| 00:22:18 | URGENCY?
>> I HAVE BEEN UNDER STUDY |
| 00:22:20 | COUNCIL FOR 12 YEARS.
THERE ARE TIMES WHEN THE BONDS |
| 00:22:24 | ARE FLUSH WITH CASH AND HAVE
MORE MONEY THAN THEY KNOW WHAT |
| 00:22:27 | TO DO WITH AND THEY ASK IS TO
INCREASE THE BENEFITS. |
| 00:22:29 | NOW WE ARE IN A TIME WHERE THEY
MAY NOT HAVE ENOUGH MONEY. |
| 00:22:33 | THERE IS AN EBB AND FLOW.
RECENTLY, WE RECEIVED A |
| 00:22:39 | PERFORMANCE REVIEW FROM THE OHIO
RETIREMENT STUDY COUNCIL AND WE |
| 00:22:44 | DO NOT HAVE THE FIRST QUARTER
RESULTS FOR THE SYSTEMS RIGHT |
| 00:22:48 | NOW.
THEY ARE NOT AVAILABLE. |
| 00:22:50 | THAT ACTUARY TOLD US HE THINKS
THEY WILL BE QUITE ROBUST. |
| 00:22:55 | IT IS A MOVING TARGET WHEN IT
COMES TO THAT. |
| 00:22:58 | YOU CAN USE IT TO PROMOTE
CERTAIN THINGS, ONE WAY OR THE |
| 00:23:02 | OTHER.
AT THE END OF THE DAY, AGAIN, WE |
| 00:23:06 | ARE NOT TOO FAR OFF.
WE ALL WANT TO DO SOMETHING BY |
| 00:23:09 | THE END OF THE YEAR.
THIS MAKE SURE THAT WE ARE |
| 00:23:12 | PAYING OUR CONSULTANT A GOOD SUM
OF MONEY. |
| 00:23:14 | HE HAS DONE THIS FOR OTHER
STATES ACROSS THE UNITED STATES |
| 00:23:18 | AND I THINK IT IS PRUDENT TO
WAIT AND SEE WHAT HE HAS TO SAY. |
| 00:23:22 | IN CAN CRAFT LEGISLATION BASED
ON THAT. |
| 00:23:27 | I DO NOT THINK THERE WILL BE A
TOTAL OF PEOPLE OF WHAT THE |
| 00:23:31 | SYSTEMS ARE ASKING.
THERE WILL PROBABLY BE SOME |
| 00:23:35 | ADJUSTMENTS.
TO THAT POINT, YOU COVER THE |
| 00:23:39 | STATE HOUSE.
NOW, MORE THAN EVER, THE MEMBERS |
| 00:23:41 | OF THE GENERAL ASSEMBLY HAVE
THEIR OWN OPINION WITH TERM |
| 00:23:45 | LIMITS.
THEY HAVE AN IDEA WHAT THEY WANT |
| 00:23:47 | TO DO WHILE THEY'RE HERE.
HAVING A THIRD-PARTY HELPS US TO |
| 00:23:52 | SERVE WHAT WE NEED TO DO AS FAR
AS MAKING THE SIGNIFICANT |
| 00:23:54 | REFORMS, BUT IT ALSO GIVES US A
THIRD PARTY THAT WE CAN THEN SAY |
| 00:24:01 | TO OUR COLLEAGUES THAT THIS IDEA
THAT IT WAS OFFERED BY A |
| 00:24:05 | CERTAIN REPRESENTATIVE OR
GROUPER OF REPRESENTATIVES WORKS |
| 00:24:08 | FOR DOES NOT WORKED BECAUSE OF
THIS THIRD PARTY INDEPENDENT |
| 00:24:14 | CONSULTANT.
>> DO YOU FEAR THAT IF IT MOVES |
| 00:24:16 | TOO FAST WE COULD GET BACK INTO
A SENATE BILL 5 SITUATION? |
| 00:24:20 | THERE WERE CONCERNS THAT THEY
WERE NOT HEARD. |
| 00:24:24 | >> THIS IS DIFFERENT IN THAT THE
SYSTEMS ARE REPRESENTING PUBLIC |
| 00:24:32 | EMPLOYEES.
THE PUBLIC LABOR UNIONS ARE ALSO |
| 00:24:36 | SAYING THAT THEY WANT THIS.
BUT I HAVE FOUND OVER THE YEARS, |
| 00:24:40 | WHAT HAPPENS INSIDE CAPITOL
SQUARE WHEN YOU GET BACK TO YOUR |
| 00:24:45 | RESPECTIVE DIP -- DISTRICTS, YOU
MAY HEAR A DIFFERENT STORY. |
| 00:24:48 | THAT IS PART OF THE DUE PROCESS.
THE ACTIVE MEMBERS OF THE PUBLIC |
| 00:24:55 | RETIREMENT SYSTEMS AND THE
RETIREES DO NOT HAVE THE |
| 00:24:58 | COMPLETE PICTURE.
THEY DO NOT HAVE THE OTHER |
| 00:25:02 | ALTERNATIVES BEING CONSIDERED BY
THE INDEPENDENT CONSULTANT. |
| 00:25:03 | ONCE THAT REPORT COMES OUT IN
JULY, THEM HAVE AN OPPORTUNITY |
| 00:25:08 | TO LISTEN AND LEARN FROM OUR
CONSTITUENTS WHETHER OR NOT IT |
| 00:25:12 | REALLY WORKS TO THEIR BENEFIT
AND NOT JUST TO THOSE INSIDE |
| 00:25:16 | CAPITOL SQUARE.
>> THE CONSENSUS IS SOMETHING |
| 00:25:19 | NEEDS TO BE DONE, SOME CHANGES
NEED TO BE MADE OR POTENTIALLY |
| 00:25:23 | THEY ARE SAYING THERE IS A
CRISIS ALREADY. |
| 00:25:25 | THERE WOULD BE ONE OF CHANGES
ARE NOT MADE? |
| 00:25:28 | >> CHANGES ARE NEEDED.
WE NEED TO DO IT SOMETIME THIS |
| 00:25:31 | YEAR.
WE ARE NOT AT A CRISIS POINT |
| 00:25:33 | THIS YEAR.
PEW HAS DONE RESEARCH AND I HAVE |
| 00:25:41 | NOT HEARD THE WORD "CRISIS" YET.
>> REP, THANK YOU FOR BEING |
| 00:25:48 | HERE.
AND THAT'S IT FOR THIS WEEK. |
| 00:25:49 | FOR MY COLLEAGUES AT OHIO PUBLIC
RADIO AND TELEVISION, THANKS FOR |
| 00:25:51 | WATCHING.
IF YOU'D LIKE TO ASK QUESTIONS, |
| 00:25:52 | MAKE COMMENTS, OR WATCH THIS
WEEK'S SHOW OR EARLIER |
| 00:25:54 | EPISODES, PLEASE VISIT OUR
WEBSITE AT STATENEWS.ORG. |
| 00:25:56 | YOU CAN ALSO CHECK US OUT ON
FACEBOOK. |
| 00:25:59 | AND PLEASE JOIN US AGAIN NEXT
TIME FOR "THE STATE OF OHIO". |
| 00:26:04 | WHAT SUPPORT FOR THE STATEWIDE
BROADCAST COMES FROM THE LAW |
| 00:26:13 | OFFICES OF PORTER, WRIGHT,
MORRIS, AND ARTHUR, LLP, |
| 00:26:18 | HELPING TO SOLVE COMPLEX LEGAL
PROBLEMS THROUGHOUT OHIO, THE |
| 00:26:21 | NATION, AND THE WORLD.
AND FROM THE OHIOAN VACATION |
| 00:26:26 | ASSOCIATION REPRESENTING 131,000
TEACHERS, SUPPORT PROFESSIONALS |
| 00:26:31 | COME IN HIGHER EDUCATION BACK TO
WORKING FOR GREATER PUBLIC |
| 00:26:33 | SCHOOLS.
ONLINE AT OHEA.COM. |
| 00:26:35 | E-TECH OHIO. |
Note : Transcripts are compiled from uncorrected captions
