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00:00:31HARRIS, MINORITY LEADERS PLEN
TISES AND REDFERN, MEMBERS OF
00:00:35THE JENASSEMBLY AND THE SUPREME
COURT, DISTINGUISHED GUESTS, AND
00:00:39MY FELLOW OHIOIANS.
I'M HONORED TO BE HERE TODAY
00:00:43WITH THE NEW LEADERS OF THE OHIO
GENERAL ASSEMBLY.
00:00:46OVER THE PAST EIGHT WEEKS,
PRESIDENT HARRIS, SPEAKER HUSTED
00:00:49AND I HAVE HAVE BEEN MEETING TO
BUILD AN AGENDA FOR OHIO'S
00:00:52FUTURE.
THEY ARE EXCEPTIONALLY ABLE
00:00:56COLLEAGUES, AND I AM CONFIDENT
THAT TOGETHER WE CAN ACCOMPLISH
00:00:58GREAT THINGS.
[ APPLAUSE ]
00:01:14HERE WITH ALL OF OUR ELECTED
OFFICIALS, ESPECIALLY OUR NEWS
00:01:17TREASURER OF STATE, JENNETT
BRADLEY.
00:01:20[ APPLAUSE ]
>> JENNETTE'S HER OWN BOSS NOW,
00:01:30BUT BEFORE I APPOINTED HER, I
MADE HER PROMISE TO STILL RETURN
00:01:33MY PHONE CALLS.
DON'T FORGET, JENNETTE.
00:01:36AND WE NOW HAVE A NEW LIEUTENANT
GOVERNOR, OUR OUTSTANDING
00:01:41DEVELOPMENT DIRECTOR, WHO IS
PASSIONATE ABOUT CREATING JOBS
00:01:45AND BUILDING OUR ECONOMY,
MR. BRUCE JOHNSON.
00:01:47[ APPLAUSE ]
HERE WITH THE MEN AND WOMEN OF
00:02:00MY CABINET, THE VERY BEST IN THE
NATION, WHO HAVE DIRECTED THEIR
00:02:05AGENCIES SKILLFULLY THROUGH
DIFFICULT TIMES.
00:02:09THANK YOU FOR YOUR SERVICE TO
OHIO.
00:02:12[ APPLAUSE ]
>> THERE IS NO WAY I COULD DO
00:02:23THE JOB OF GOVERNOR WITHOUT THE
LOVE AND SUPPORT OF HOPE TAFT,
00:02:27OHIO'S AMAZING FIRST LADY.
EVERY DAY, HOPE HAS NEW IDEAS TO
00:02:32HELP CHILDREN, FAMILIES, AND
THOSE WHOSE LOVED ONES ARE
00:02:36SERVING OVERSEAS, AND SHE KNOWS
HOW TO ADVANCE HER IDEAS, AS
00:02:40MANY OF YOU IN THIS CHAMBER WELL
KNOW.
00:02:44PLEASE WELCOME, FIRST LADY, HOPE
TAFT.
00:02:49[ APPLAUSE ]
GREAT ECONOMIC CHALLENGES IN
00:03:12OHIO.
THAT'S WHY A YEAR AGO I DEVOTED
00:03:17THE ENTIRTY -- THE ENTIRETY OF
THIS OCCASION TO OUR JOBS
00:03:21AGENDA.
WE'VE MADE GOOD PROGRESS, YET
00:03:24THERE IS FAR MORE TO BE DONE.
BUT BEFORE I TALK ABOUT OUR
00:03:28UNFINISHED BUSINESS, LET ME
SHARE WHY I'M SO HOPEFUL ABOUT
00:03:32OHIO AND OPTIMISTIC ABOUT OUR
FUTURE.
00:03:36I TRAVELED THIS GREAT STATE FOR
MANY YEARS AND SEEN FIRSTHAND
00:03:40OUR TREMENDOUS STRENGTHS.
AND OUR FOREMOST STRENGTH IS OUR
00:03:44PEOPLE.
OHIOIANS ARE INCENTIVE.
00:03:48-- INVENTIVE.
LIKE THE PEOPLE AT TURNING
00:03:51TECHNOLOGIES, A RAPIDLY GROWING
SOFTWARE DEVELOPER THAT GOT ITS
00:03:54START IN THE YOUNGSTOWN BUSINESS
INCUBATE TORE.
00:03:57THIS COMPANY'S CLASSROOM
RESPONSE SYSTEMS ARE NOW AN
00:03:59IMPORTANT TEACHING TOOL IN
UNIVERSITIES, SCHOOLS, AND
00:04:02BUSINESSES AROUND THE WORLD.
OHIOANS ARE HARD-WORKING AND
00:04:08PRODUCTIVE.
JUST ASK HONDA OF AMERICA, WHICH
00:04:11LAST SUMMER CELEBRATED ITS 25th
YEAR IN OUR STATE.
00:04:15HONDA PRODUCES MORE CARS, MORE
MOTORCYCLES, AND MORE ENGINES IN
00:04:19OHIO EVERY YEAR.
ALL THANKS TO THE SKILL, THE
00:04:24TALENT, AND THE WORK ETHIC OF
THE OHIOANS THEY EMPLOY.
00:04:30OHIOANS ARE INNOEVASIVE.
TIMBERTECH, A COMPANY IN
00:04:35WILMINGTON IS USING POLYMER
COMPOSIT MATERIALS TO MAKE DECKS
00:04:39AND FENCES.
LAST YEAR I HELPED THEM BREAK
00:04:41GROUND ON A NEW PROJECT THAT
WILL ALLOW THEM TO HIRE MORE
00:04:43WORKERS.
OHIOANS ARE PRACTICAL.
00:04:47WE'RE A CAN-DO PEOPLE.
GIVE US A PROBLEM, WE'LL GIVE
00:04:50YOU A SOLUTION.
WHEN OUR TROOPS IN IRAQ NEEDED
00:04:54NEW ARMOR TO PROTECT THEIR
VEHICLES, THE FOLKS AT THE LIMA
00:04:58TANK PLANT WENT TO WORK AND CAME
UP WITH A NEW SOLUTION ALMOST
00:05:01OVERNIGHT.
AND OHIOANS ARE CARING AND
00:05:06COMPASSIONATE.
THERE ARE NOW 50,000 OHIOREADS
00:05:10TUTORS ACROSS OUR STATE.
THESE VOLUNTEERS DONATE MORE
00:05:13THAN 3 MILLION HOURS EACH YEAR
TO HELP OUR STUDENTS LEARN TO
00:05:16READ.
AND THEY'RE MAKING A DIFFERENCE.
00:05:20LAST SEPTEMBER I VISITED
SPRINGMILL ELEMENTARY SCHOOL IN
00:05:24MANSFIELD WHERE TUTORS ARE
HELPING STUDENTS IMROUGH THEIR
00:05:26READING SCORES YEAR AFTER
YEAR -- IMPROVE THEIR READING
00:05:29SCORES YEAR AFTER YEAR.
OUR PEOPLE ARE OUR GREATEST
00:05:32STRENGTH, BUT THEY ARE NOT OUR
ONLY ADVANTAGE.
00:05:37WE HAVE A DIVERSE ECONOMY.
ENTREPRENEURS, MANUFACTURERS,
00:05:42AND CONSUMER PRODUCT GIANTS,
FINANCIAL INSTITUTIONS LARGE AND
00:05:45SMALL, AND PRODUCTIVE FARMS.
OUR FARMERS SEND THEIR PRODUCTS
00:05:50ACROSS THE GLOBE, AND THEY
SUPPORT THOUSANDS OF JOBS IN
00:05:53OTHER SECTORS OF THE ECONOMY.
WE ARE WORKING WITH THEM TO OPEN
00:05:57UP NEW MARKETS OVERSEAS, BUILD
ETHANOL PLANTS, AND FIND OTHER
00:06:02NEW USES FOR THEIR PRODUCTS.
WE ALL KNOW OHIO'S CENTRAL
00:06:07LOCATION IS KEY, AND YOU IN THIS
CHAMBER HAVE HELPED US TAKE
00:06:13ADVANTAGE BY INVESTING IN ROADS
AND BRIDGES TO MAKE SURE WE HAVE
00:06:15A WORLD-CLASS TRANSPORTATION
SYSTEM.
00:06:19WE'RE OPENING NEW AREAS OF THE
STATE FOR ECONOMIC DEVELOPMENT
00:06:22BY COMPLETING THE WIDENING OF
U.S. 35 AND CONTINUING OUR WORK
00:06:26ON THE U.S. 30 AND STATE ROUTE
33 CORRIDORS.
00:06:29AND WE'RE ELIMINATING
BOTTLENECKS ON THE INTERSTATES
00:06:32TO KEEP TRAFFIC MOVING IN AND
AROUND OUR CITIES.
00:06:38WHAT WE DON'T TALK ABOUT ENOUGH
IS OHIO'S UNIQUE AND REMARKABLE
00:06:41QUALITY OF LIFE.
WE ARE A STATE OF CITIES, SMALL
00:06:45TOWNS, AND GROWING SUBURBS WHERE
LIFE IS AFFORDABLE AND
00:06:50DESTINATIONS WITHIN REACH.
THERE IS NO BETTER PLACE TO
00:06:53RAISE A FAMILY.
[ APPLAUSE ] OK;
00:07:09MUSIC, BOATING AND FISHING ON
LAKE ERIE OR THE OHIO RIVER, AND
00:07:14OUR EXCELLENT PARKS ARE ALL AT
OUR DOOR DOORSTEP.
00:07:19AND THROUGH OUR CLEAN OHIO FUND,
WE'RE CLEANING UP BROWNFIELDS,
00:07:22PROTECTING OUR WATERWAYS, SAVING
GREENSPACE, AND BUILDING TRAILS
00:07:25THROUGHOUT THE STATE.
I'M BLESSED TO HAVE A JOB WHERE
00:07:30I SEE DIFFERENT PARTS OF THE
STATE EVERY WEEK.
00:07:33THE COMMUNITIES I VISIT AND THE
PEOPLE I MEET NEVER FAIL TO
00:07:36INSPIRE ME.
ESPECIALLY THE MEN AND WOMEN OF
00:07:41OUR ARMED FORCES, PEOPLE LIKE
SENATOR STEVE STIVERS AND
00:07:48REPRESENTATIVE JOHN BOCCIERI.
[ APPLAUSE ] OK;
00:08:24AND FAMILY OF THE RED HORSE
SQUADRON OF THE AIR NATIONAL
00:08:27GUARD AT A SENDOFF CEREMONY
BEFORE THEIR DEPLOYMENT TO IRAQ.
00:08:32MEMBERS OF THIS UNIT EMBODY
OHIO'S CHARACTER AND KNOW-HOW.
00:08:36THEY CAN BUILD ANYTHING,
ANYWHERE.
00:08:39IN OHIO, PREVIOUS PROVIDED
INVALUABLE HELP IN FLOOD AND
00:08:42SNOW EMERGENCIES.
THE COURAGE AND PATECISM OF
00:08:47THESE AIRMEN, AND THE SUPPORT
THEY RECEIVE FROM THEIR FAMILIES
00:08:52DEMONSTRATE WHY WE ARE THE LAND
OF THE FREE AND THE HOME OF THE
00:08:54BRAVE.
THEY ARE THE HEROES OF OUR TIME,
00:09:00AND I LOOK FORWARD TO WELCOMING
THEM HOME.
00:09:02[ APPLAUSE ]
HER HUSBAND, SENIOR MASTER
00:09:22SERGEANT TERRY EISHEN, IS WITH
THE RED HORSE SQUADRON ON HIS
00:09:25WAY TO IRAQ.
FAYE, WE HOPOR ALL THE BRAVE MEN
00:09:29AND WOMEN DEFENDING OUR
LIBERTIES, AND WE THANK YOU FOR
00:09:33REPRESENTING THEIR FAMILIES HERE
TODAY.
00:09:36THANK YOU.
[ APPLAUSE ]
00:10:14EISHEN AND SO MANY OTHER
OHIOIANS WHO ARE SERVING IN
00:10:17HARM'S WAY, WE SHOULD ASK
OURSELVES, WHAT KIND OF OHIO
00:10:21WILL OUR HEROES COME HOME TO?
WHAT PROSPECTS?
00:10:25WHAT OPPORTUNITIES?
WILL THEIR CHILDREN BE ABLE TO
00:10:29FIND A GOOD JOB AND SUPPORT
THEIR FAMILIES HERE IN OUR
00:10:32STATE?
THERE ARE MANY BRIGHT SPOTS IN
00:10:37OHIO'S ECONOMY, BUT NOT ENOUGH.
LAST YEAR I PUT FORWARD AN
00:10:42AGENDA FOR PROSPERITY.
TIME AND AGAIN I ASKED YOU TO
00:10:45RISE TO THE CHALLENGE AND PASS
LAWS TO IMPROVE OUR BUSINESS
00:10:49CLIMATE AND CREATE THE
CONDITIONS FOR NEW AND BETTER
00:10:51JOBS.
AND TIME AND AGAIN, YOU
00:10:57RESPONDED.
WE ASKED FOR A JOBS BILL AND YOU
00:10:59PASSED ONE.
WE ASKED YOU TO IMPROVE WORKERS
00:11:03COMPENSATION, AND YOU DID.
YOU ADVANCED OUR THIRD FRONTIER
00:11:06PROJECT TO CREATE MORE
HIGH-PAYING JOBS THROUGH
00:11:09RESEARCH, PRODUCT DEVELOPMENT,
AND INNOVATION.
00:11:13AND TOGETHER WE PASSED A STRONG
LAW TO PUT AN END TO JUNK
00:11:17LAWSUITS.
[ APPLAUSE ]
00:11:34COMPETITIVE TODAY THAN A YEAR
AGO, BUT WE'RE NOT YET WHERE WE
00:11:37NEED TO BE.
NOW IS THE TIME TO FINISH THE
00:11:41JOB, TO SEND A CLEAR MESSAGE TO
OHIO IS OPEN FOR BUSINESS!
00:11:47[ APPLAUSE ]
JOBS, WE CAN'T REMAIN FROZEN IN
00:12:02TIME IN YESTERDAY'S TAX SYSTEM.
UNLESS WE CHANGE IT, OUR
00:12:08PROGRESS WILL BE SLOW, OUR
PEOPLE WILL SUFFER, AND OHIO
00:12:10WILL NOT GROW.
LAST YEAR I CALLED FOR TAX
00:12:16REFORM.
IT'S OUR NUMBER ONE PIECE OF
00:12:18UNFINISHED WORK.
AND MY NUMBER ONE PRIORITY.
00:12:24[ APPLAUSE ]
I PLEDGE TO WORK WITH YOU DAY
00:12:36AND NIGHT IN A SPIRIT OF
COOPERATION TO REFORM OUR TAX
00:12:39STRUCTURE.
WE MUST ACT NOW.
00:12:43OHIO'S PERSONAL INCOME TAX IS
ONE OF THE HIGHEST IN THE
00:12:45NATION.
OHIO FAMILIES KNOW IT, SMALL
00:12:50BUSINESS OWNERS KNOW IT, AND
COMPANIES DECIDING BETWEEN OHIO
00:12:53AND OTHER STATES KNOW IT.
OUR HIGH INCOME TAX MAKES IT
00:13:01HARDER TO RECRUIT AND RETAIN TOP
TALENT.
00:13:04IT PENALIZES ENTREPRENEURS, THE
SMALL BUSINESS OWNERS WHO ARE
00:13:08THE ENGINE OF OUR ECONOMY.
MORE THAN 300,000 SMALL
00:13:13BUSINESSES PAY AT PERSONAL
INCOME TAX RATES.
00:13:18THESE ENTREPRENEURS EMPLOY 2 1/2
MILLION WORKERS AND THEY CREATE
00:13:22MOST OF OUR NEW JOBS.
YET INSTEAD OF REWARDING THEM,
00:13:27WE PUNISH THEM.
CLEARLY, THIS HIGH-RATE INCOME
00:13:30TAX IS HURTING OUR ABILITY TO
COMPETE WITH OTHER STATES.
00:13:36WE ALSO HAVE AN OPPRESSIVE TAX
ON INVESTMENT.
00:13:39WHEN A COMPANY WANTS TO INVEST
IN NEW MACHINERY AND EQUIPMENT,
00:13:42WHAT DO WE OFFER?
A HIGH TAX BURDEN.
00:13:47YET ANOTHER REASON TO PICK
PENNSYLVANIA OR KENTUCKY OR EVEN
00:13:49MICHIGAN.
NEW IDEAS AND NEW PRODUCTS OFTEN
00:13:57REQUIRE NEW MACHINERY AND NEW
EQUIPMENT.
00:14:01THIS DESIRE TO INNOVATE IS NOT
SOMETHING WE SHOULD TAX, AND
00:14:04IT'S HURTING OUR ABILITY TO
COMPETE WITH OTHER STATES.
00:14:09BUT THAT'S NOT ALL.
OHIO'S CORPORATE TAX IS A
00:14:13NIGHTMARE.
AND WE'VE GOT TO FIX IT!
00:14:16[ APPLAUSE ]
ALL WORLDS.
00:14:31OUR RATES ARE VERY HIGH, CAUSING
STICKER SHOCK FOR COMPANIES
00:14:34LOOKING TO LOCATE IN OHIO.
BUT BECAUSE OF AGGRESSIVE AND
00:14:38CREATIVE ACCOUNTING, OUR
COLLECTIONS ARE LOW COMPARED TO
00:14:41OTHER STATES.
SOME LARGER COMPANIES THAT CAN
00:14:45AFFORD HIGH-PRICED LAWYERS AND
ACCOUNTANT DON'T PAY A FAIR
00:14:49SHARE, WHILE SMALLER COMPANIES
PICK UP MOST OF THE TAX BURDEN.
00:14:53THAT'S JUST NOT RIGHT.
[ APPLAUSE ]
00:15:06>> IT'S TIME TO REFORM OUR TAX
SYSTEM TO REFLECT THE ECONOMY OF
00:15:10RIGHT NOW AND TOMORROW, NOT THE
ECONOMY OF WAY BACK THEN AND
00:15:13YESTERDAY.
TOGETHER WE MUST MOVE OHIO
00:15:18FORWARD INTO A NEW ERA OF
PROMISE AND PROSPERITY, NOT NEXT
00:15:24YEAR, NOT THE YEAR AFTER THAT,
BUT RIGHT NOW!
00:15:26[ APPLAUSE ]
COMPLAINTS FROM THE SPECIAL
00:15:57INTERESTS WHO FEEL THREATENED BY
CHANGE.
00:16:00SO WE MUST HAVE THE COURAGE TO
PREVAIL.
00:16:02WE MUST REMAIN COMMITTED TO THE
VERY END.
00:16:08THE COMPREHENSIVE TAX REFORM
PLAN I PROPOSE TODAY ABOUT
00:16:11UNLEASH OHIO'S ECONOMIC
POTENTIAL.
00:16:14TO BRING OHIO IN LINE WITH THE
REST OF THE NATION AND HELP
00:16:17SMALL COMPANIES GROW AND CREATE
MORE JOBS, WE'LL SLASH PERSONAL
00:16:22INCOME TAX RATES BY 21% ACROSS
THE BOARD.
00:16:26[ APPLAUSE ]
[ APPLAUSE ]
00:16:56BENEFIT.
AND IF YOU MAKE LESS THAN
00:16:59$10,000 A YEAR, YOU'LL PAY NO
STATE INCOME TAX AT ALL.
00:17:02[ APPLAUSE ]
>> WE'LL ALSO PHASE OUT THE TAX
00:17:12ON EQUIPMENT AND INVENTORIES
WHILE PROTECTING SCHOOLS AND
00:17:15LOCAL GOVERNMENTS FROM LOSSES
FOR EVERYBODY AN EXTENDED TIME.
00:17:18[ APPLAUSE ]
WE'LL REPLACE OUR UNFAIR
00:17:27CORPORATE TAX WITH A COMMERCIAL
ACTIVITY TAX WITH A VERY LOW
00:17:30RATE AND A BROAD BASE.
THIS TAX WILL BETTER REFLECT ALL
00:17:35OF OHIO'S ECONOMIC ACTIVITY.
BUT OUR GOAL IS NOT JUST TO
00:17:39CREATE A MODERN TAX SYSTEM.
OUR GOAL IS ALSO TO REDUCE THE
00:17:44TOTAL TAX BURDEN ON OHIO
FAMILIES AND BUSINESSES.
00:17:47[ APPLAUSE ]
>> THE BUDGET I SEND TO YOU
00:17:59LATER THIS WEEK ELIMINATES OR
REDUCES SOME TAXES AND RAISES
00:18:03OTHERS.
BUT OVERALL, WE'LL COLLECT $800
00:18:06MILLION LESS OVER THE NEXT TWO
YEARS THAN WE WOULD RECEIVE IF
00:18:10CURRENT TAX RATES REMAINED IN
PLACE.
00:18:13THAT'S $800 MILLION THAT WILL
STAY IN THE POCKETS OF OHIO'S
00:18:17HARD-WORKING FAMILIES.
[ APPLAUSE ]
00:18:33REFORM TO GROW OUR ECONOMY AND
LOWERING OUR TAX BURDEN, WE MUST
00:18:37CONTROL STATE SPENDING.
OUR ONE-TIME FEDERAL MONEYS WILL
00:18:41BE GONE BY THE END OF THIS YEAR.
AND UNLIKE OUR FRIENDS IN
00:18:44WASHINGTON, WE CANNOT RUN A
DEFICIT.
00:18:48WE'LL CONTINUE TO TIGHT.
OUR BELTS, JUST AS WE HAVE FOR
00:18:51THE LAST FOUR YEARS.
SINCE 2000 WE'VE REDUCED OUR
00:18:56STATE WORK FORCE BY MORE THAN
3,000 EMPLOYEES.
00:18:58WE'VE CUT OUR BUDGET BY MORE
THAN $1.4 BILLION.
00:19:01WE'VE CLOSED SIX STATE
INSTITUTIONS.
00:19:04WE'VE HELD THE LINE ON STATE
EMPLOYEE COMPENSATION.
00:19:07AND WE'VE CUT THE STATE VEHICLE
FLEET BY 12%.
00:19:12OUR NEW BUDGET WILL BE THE
TIGHTEST IN 40 YEARS.
00:19:17SPENDING WILL BE FROZEN IN SOME
AREAS AND CUT IN OTHERS.
00:19:22MEDICAID CONTINUES TO GROW AT AN
UNSUBSTAINABLE RATE.
00:19:30IF LEFT UNCHECKED, MEDICAID WILL
INCREASE BY 13 AND 9% IN THE
00:19:34NEXT TWO YEARS, FROM
10 1/2 BILLION TO $13 BILLION.
00:19:40WE'RE SPENDING MORE ON MEDICAID
THIS YEAR THAN WE DID FOR THE
00:19:43ENTIRE STATE BUDGET IN 1986.
IT'S SQUEEZING OUT ALL OTHER
00:19:50AREAS OF STATE GOVERNMENT.
WE WILL REDUCE MEDICAID GROWTH
00:19:54BI WHILE PROTECTING BASIC
SERVICES FOR CHILDREN AND OUR
00:19:56MOST VULNERABLE CITIZENS.
FEDERAL MANDATES LIMIT OUR
00:20:00OPTIONS, AND WE'LL HAVE TO MAKE
SOME DIFFICULT DECISIONS.
00:20:03I WILL NEED YOUR HELP, BECAUSE
IF WE FAIL, WE WILL NOT SLOW THE
00:20:09GROWTH OF STATE SPENDING.
AND IF WE DON'T SLOW THE GROWTH
00:20:12OF STATE SPENDING, WE CANNOT
REDUCE THE TAX BURDEN ON OHIOANS
00:20:16AND HELP OUR ECONOMY GROW.
WE MUST TAME THE MEDICAID
00:20:21MONSTER.
[ APPLAUSE ]
00:20:36>> MY FRIENDS, WE'RE GOING TO
HAVE TO HELP OURSELVES.
00:20:41NO ONE IS GOING TO SAVE US.
THE FEDERAL GOVERNMENT CERTAINLY
00:20:45ISN'T GOING TO BAIL US OUT.
WE MUST SLOW OUR SPENDING, GET
00:20:50THE BROKEN TAX CODE OFF OUR
BACKS, AND RELEASE THE POWERFUL
00:20:54ENERGIES OF THIS GREAT STATE!
[ APPLAUSE ]
00:21:09>> BUT THERE ARE TWO MORE THINGS
WE NEED TO DO TO CREATE A BETTER
00:21:12FUTURE FOR OHIOANS.
PROMOTE EMERGING SECTORS OF OUR
00:21:16ECONOMY AND EDUCATE ALL OUR
CHILDREN FOR SUCCESS IN A HIGH
00:21:19SKILLS WORLD.
WE MUST INVEST TO CREATE MORE
00:21:23GOOD JOBS THROUGH APPLIED
RESEARCH, PRODUCT DEVELOPMENT,
00:21:26AND INNOVATION.
OUR THIRD FRONTIER PROJECT IS
00:21:30ALREADY GETTING RESULTS.
OUR PROGRESS IS BEING RECOGNIZED
00:21:33NATIONALLY.
THE MILKEN INSTITUTE REPORTED
00:21:36THAT OHIO LEADS THE NATION IN
THE INCREASE IN VENTURE CAPITAL
00:21:40INVESTED IN BIOMEDICAL COMPANIES
CITING THIRD FRONTIER AS PLAYING
00:21:44A PIVOTAL ROLE.
WE'VE HELPED ATTRACT FEDERAL
00:21:48FUNDS FOR CLEVELAND'S CENTER FOR
STEM CELL AND REGENERATIVE
00:21:51MEDICINE, THE FUEL CELL
PROTOTYPING CENTER IN CANTON,
00:21:55AND A CENTER FOR ALTERNATIVE
ENERGY IN TOLEDO.
00:21:57PRIVATE SECTOR SUPPORT IS
HELPING SCIENTISTS FIND CURES
00:22:01FOR DISEASE AT THE GENOME
RESEARCH INSTITUTE IN CINCINNATI
00:22:05DEVELOP NEW DATA MANAGEMENT
PRODUCTS IN DAYTON, AND
00:22:10DESIGN -- DESIGN JET ENGINES IN
COLUMBUS.
00:22:13WE'RE ATTRACTING INVESTMENT FROM
OUT OF STATE.
00:22:16ALIEN TECHNOLOGIES, A CALIFORNIA
COMPANY, IS BUILDING A NEW R & D
00:22:20CENTER HERE BECAUSE OF THE
ATTRACTIVE BUSINESS CLIMATE
00:22:23BEING CREATED BY THE THIRD
FRONTIER PROJECT.
00:22:28WE ARE HELPING OHIO COMPANIES
THRIVE.
00:22:31ONE GRANT RECIPIENT, KIG
DIAGNOSTIC HYBRIDS OF ATHEN,,
00:22:36MAKE INC. MAGAZINE'S LIST OF THE
500 FASTEST GROWING PRIVATE
00:22:39COMPANIES IN AMERICA.
NEW PRODUCTS ARE BEING CREATED,
00:22:43AND WE ARE SEEKING NEW USES FOR
EXISTING PRODUCTS.
00:22:46WITH THIRD FRONTIER SUPPORT,
OHIO STATE'S RESEARCH CENTER IN
00:22:50WOOSTER IS HELPING OHIO
COMPANIES USE AGRICULTURAL WASTE
00:22:54TO GENERATE POWER FOR FUEL
CELLS.
00:22:59ALL THIS EARLY PROGRESS IS
PROMISING, BUT WE CANNOT STAND
00:23:02STILL.
WE NEED MORE GROWING COMPANIES
00:23:05LIKE DIAGNOSTIC HYBRIDS.
WE NEED TO HELP MORE COMPANIES
00:23:09CREATE NEW PRODUCTS TO COMPETE
IN WORLD MARKETS.
00:23:13WE NEED MORE HIGH-PAYING JOBS.
SO I ASK FOR YOUR SUPPORT TO GO
00:23:17TO THE BALLOT IN NOVEMBER TO
ACCELERATE OUR PROGRESS UNDER
00:23:21THE THIRD FRONTIER PROJECT.
[ APPLAUSE ]
00:23:36THERE ARE OTHER INVESTMENTS WE
MUST CONTINUE TO MAKE AS WELL.
00:23:39OHIO'S PROGRAM TO HELP LOCAL
GOVERNMENTS BUILT ROADS,
00:23:43BRIDGES, AND OTHER PUBLIC WORKS
HAS BEEN ONE OF THE MOST
00:23:46SUCCESSFUL INITIATIVES IN STATE
HISTORY.
00:23:49LET'S JOIN TOGETHER TO PUT IT
BACK ON THE BALLOT, GET IT
00:23:52PASSED IN NOVEMBER, AND RENEW IT
FOR ANOTHER 10 YEARS.
00:23:54[ APPLAUSE ]
>> BUT TAX REFORM AND THESE
00:24:07CRITICAL INVESTMENTS CAN'T DO
THE JOB ALONE.
00:24:10FOR OHIO TO REGAIN ITS
COMPETITIVE ADVANTAGE, WE MUST
00:24:13PREPARE EACH AND EVERY ONE OF
OUR YOUNG CITIZENS FOR THE
00:24:16CHALLENGES OF THE FUTURE.
TOWARD THAT GOAL, WE HAVE
00:24:21ACCOMPLISHED MUCH...
WE'VE BOOST ELEMENTARY READING
00:24:26PROFICIENCY BY MORE THAN 24%,
AND MY BUDGET WILL INCLUDE NEW
00:24:31CHOICES FOR STUDENTS TRAPPED IN
PERSISTENTLY FAILING SCHOOLS.
00:24:36[ APPLAUSE ]
STANDARDS ARE RECOGNIZED AS
00:24:50AMONG THE BEST IN THE NATION.
WE HAVE RIGOROUS ENTRY EXAMS FOR
00:24:56NEW TEACHERS, AND THE EDUCATOR
STANDARDS BOARD YOU CREATED IS
00:24:59DEFINING WHAT TEACHERS SHOULD
KNOW AND BE ABLE TO DO
00:25:01THROUGHOUT THEIR CAREERS.
SINCE I'VE BEEN GOVERNOR, WE'VE
00:25:06RAISED THE PER-STUDENT FUNDING
GUARANTEE BY ONE-THIRD, AND OUR
00:25:09BUDGET WILL INCLUDE A NEW
FORMULA THAT TIES SOME STATE AID
00:25:13TO THE TYPES OF INVESTMENTS WE
KNOW IMPROVE STUDENT SUCCESS, AS
00:25:18PROPOSED BY OUR SCHOOL FUNDING
TASK FORCE.
00:25:22SCHOOL BUILDING PROJECTS ARE
COMPLETED OR UNDERWAY IN MORE
00:25:25THAN HALF THE DISTRICTS IN THE
STATE, INCLUDING THOSE IN ALL
00:25:29OUR URBAN CENTERS.
THANKS TO YOUR SUPPORT, WE ARE
00:25:34REBUILDING OUR SCHOOLS BETTER
AND FASTER THAN ANY STATE IN THE
00:25:38COUNTRY!
[ APPLAUSE ]
00:25:50>> BUT TO HELP EVERY CHILD
SUCCEED, WE STILL HAVE MUCH TO
00:25:54DO, ESPECIALLY AT THE EARLY
YEARS OF SCHOOLING.
00:25:58FOR EVERY 10 STUDENTS WHO START
HIGH SCHOOL IN OHIO, ONLY SEVEN
00:26:01WILL EARN A DIPLOMAT, ONLY FIVE
WILL ENROLL IN A POST-SECONDARY
00:26:08INSTITUTION, AND OF THOSE, FEWER
THAN THREE OUT OF THE 10 WILL
00:26:12COMPLETE A BACHELOR'S DEGREE
WITHIN 10 YEARS.
00:26:16WE'VE TAKEN STEPS TO RAISE
STANDARDS AND IMPROVE OUR HIGH
00:26:19SCHOOLS.
THIS YEAR'S CLASS OF SOPHOMORES
00:26:23IS THE FIRST THAT MUST PASS A
NEW, TOUGHER TEST TO GRADUATE.
00:26:27WE'RE PARTNERING WITH THE GATES
FOUNDATION AND KNOWLEDGEWORKS TO
00:26:31TURN 20 LARGE TRADITIONAL HIGH
SCHOOLS INTO SMALLER, MORE
00:26:34EFFECTIVE LEARNING COMMUNITIES.
MORE THAN 10,000 HIGH SCHOOL
00:26:38STUDENTS ARE EARNING COLLEGE
CREDIT THROUGH DUAL ENROLLMENT.
00:26:42AND WE'RE HELPING PROJECT LEAD
THE WAY EXPAND THE NUMBER OF
00:26:48STUDENTS ENROLLED IN RIGOROUS
PREENGINEER PROGRAMS DURING HIGH
00:26:52SCHOOL.
THESE PROJECTS ARE PROMISING,
00:26:54BUT THEY ARE JUST THE BEGINNING.
WE MUST MAKE COLLEGE MORE
00:26:58AFFORDABLE AND MAKE SURE THAT
OUR STUDENTS ARE PREPARED WHEN
00:27:01THEY GET THERE.
[ APPLAUSE ]
00:27:14SO WE'LL WORK WITH YOU TO CREATE
A STATEWIDE EDUCATION
00:27:18PARTNERSHIP, CHAIRED BY ME, TO
ENGAGE EDUCATORS, EMPLOYERS, AND
00:27:22LEGISLATORS IN BUILDING A
CONTINUOUS LEARNING SYSTEM FOR
00:27:26STUDENTS, PRESCHOOL THROUGH
COLLEGE.
00:27:29INITIALLY, I WILL GIVE THE
PARTNERSHIP THREE TASKS.
00:27:33FIRST, BETTER ALIGN HIGH SCHOOL
GRADUATION REQUIREMENTS WITH
00:27:36COLLEGE READINESS STANDARDS.
ALMOST 40% OF FRESHMEN MUST TAKE
00:27:43REMEDIAL ENGLISH OR MATH IN
THEIR FIRST YEAR OF COLLEGE.
00:27:46THAT'S UNACCEPTABLE.
A HIGH SCHOOL DIPLOMAT SHOULD
00:27:49MEAN THAT A STUDENT IS PREPARED
TO SUCCEED IN COLLEGE.
00:27:56-- DIPLOMA SHOULD MEAN THAT A
STUDENT IS PREPARED TO SUCCEED
00:27:59IN COLLEGE.
[ APPLAUSE ]
00:28:04>> SECOND, INCREASE THE NUMBER
OF HIGH SCHOOL STUDENTS WHO TAKE
00:28:07A RIGOROUS CORE CRICK BUM.
WE KNOW THAT WELL-PREPARED
00:28:11STUDENTS HAVE HIGHER COLLEGE
GRADUATION RATES.
00:28:14AND THIRD, CREATE INBE SENTIVES
FOR COLLEGES AND UNIVERSITIES TO
00:28:18IMPROVE THEIR GRADUATION RATES.
ENROLLING STUDENTS IS NOT
00:28:22ENOUGH.
WE MUST DO MORE TO HELP THEM
00:28:25GRADUATE.
WITH COLLEGE COSTS RISING AND
00:28:32THE STATE BUDGET UNDER PRESSURE,
WE MUST ACT TO MAKE SURE NO
00:28:36OHIOAN IS DENIED A COLLEGE
EDUCATION BECAUSE THEY CANNOT
00:28:38AFFORD IT.
[ APPLAUSE ]
00:28:48TO INCREASE ENROLLMENT BY 30% IN
THE NEXT 10 YEARS, WE'LL EXPAND
00:28:52THE OHIO COLLEGE ACCESS NETWORK
SO THAT MORE YOUNG PEOPLE AND
00:28:56THEIR FAMILIES HAVE ACCESS TO
COLLEGE INFORMATION AND
00:28:59FINANCIAL OPTIONS.
WE'LL ALSO BROADEN AND INCREASE
00:29:07FUNDING FOR THE STATE'S
NEEDS-BASED COLLEGE GRANT
00:29:09PROGRAM, ALIGNING IT WITH
FEDERAL PEL GRANT STANDARDS TO
00:29:13EXPAND ELIGIBILITY TO AN
1111,000 STUDENTS.
00:29:15AND TODAY, WE'RE LAUNCHING A NEW
PROGRAM TO PROVIDE MORE THAN
00:29:21$100 MILLION IN LOW-INTEREST
STUDENT LOANS TO OHIO STUDENTS.
00:29:24[ APPLAUSE ]
FINALLY, I CHALLENGE OUR STATE
00:29:38COLLEGES AND UNIVERSITIES TO
KEEP TUITION INCREASES TO A
00:29:42MINIMUM BY BECOMING MORE
PRODUCTIVE AND MORE
00:29:44COLLABORATIVE!
[ APPLAUSE ]
00:30:16PROPOSE AN APUAL TUITION CAP OF
6%, TO BE EXCEED ONLY FOR THE
00:30:20PURPOSE OF FUNDING NEEDS-BASED
SCHOLARSHIPS.
00:30:22[ APPLAUSE ]
LAST YEAR, I PLEDGED TO CREATE A
00:30:38NONPROFIT CORPORATION TO PROMOTE
AND MARKET OUR STATE, TO MAKE
00:30:42SURE PEOPLE IN OHIO AND ALL OVER
THE WORLD HEAR OUR STORY AND
00:30:47UNDERSTAND OUR ADVANTAGES.
I'M PLEASED TO REPORT THAT WE'RE
00:30:51FAR ALONG ON THIS PROJECT.
THE OHIO BUSINESS DEVELOPMENT
00:30:55COALITION IS UP AND RUNNING AND
PARTNERING WITH FOUNDATIONS,
00:30:58BUSINESSES, AND LOCAL CHAMBERS.
AND WHEN WE ACCOMPLISH WHAT I'VE
00:31:05SET FORTH TODAY, WE'LL HAVE AN
EVEN BETTER STORY TO TELL.
00:31:10A STORY OF HOW WE CAME TOGETHER
TO REFORM OUR TAX CODE TO EASE
00:31:15THE BURDEN ON OHIO FAMILIES AND
HELP OHIO PROSPER.
00:31:18A STORY OF HOW WE'RE SUSTAINING
OUR INVESTMENTS IN A KNOWLEDGE
00:31:22ECONOMY, TO ADD BETTER PAYING
JOBS FOR TODAY AND TOMORROW.
00:31:27A STORY OF A STATE THAT IS
HELPING EVERY STUDENT SUCCEED.
00:31:32WE HAVE DEFINED OUR CHALLENGE.
WE MUST NOW MEET IT HEAD ON.
00:31:38AND WE WON'T LET THE SPECIAL
INTERESTS STAND IN OUR WAY!
00:31:41[ APPLAUSE ]
>> OHIO BECAME GREAT BECAUSE
00:31:57WE'VE NEVER BEEN AFRAID OF A
CHALLENGE.
00:31:59THINK OF OUR FAMOUS INVENTORS.
OR THOSE WHO SACRIFICED THEIR
00:32:04LIVES AND COMFORT TO MAKE THE
UNDERGROUND RAILROAD A REALITY.
00:32:08THE PIONEERS WHO CLEARED THE
LAND AND STARTED OUR FARMS.
00:32:12OR THOSE WHO WORKED ALL THEIR
LIVES ON THE FACTORY FLOOR TO
00:32:16PUT FOOD ON THE TABLE TO MAKE IT
POSSIBLE FOR THE NEXT GENERATION
00:32:19TO DO A LITTLE BIT BETTER.
AND TODAY, THINK ABOUT ALL THE
00:32:25PARENTS WHO ARE IMPARTING THE
VALUES AND QUALITIES THEIR
00:32:28CHILDREN NEED TO SUCCEED.
THINK ABOUT THE CHALLENGES OUR
00:32:35CHILDREN WILL FACE.
DESMOND GILLESPIE, A HIGH SCHOOL
00:32:38JUNIOR FROM CLEVELAND, WROTE TO
TELL ME HE'S CONCERNED ABOUT
00:32:40UNEMPLOYMENT IN OHIO.
HE KNOWS WE'RE LACKING BEHIND
00:32:44MUCH OF THE COUNTRY.
-- LAGGING BEHIND MUCH OF THE
00:32:49COUNTRY.
DESMOND WROTE, "I AM REQUESTING
00:32:51THAT YOU WOULD PEP HELP ME BY
TRYING TO SET UP A PROGRAM TO
00:32:56ATTRACT SOME NEW
TECHNOLOGY-BASED JOBS TO THE
00:32:58STATE."
LET'S KEEP DESMOND AND ALL OUR
00:33:01KIDS IN MIND AS WE GO ABOUT OUR
UNFINISHED BUSINESS.
00:33:06OVER THE NEXT SEVERAL MONTHS,
WE'LL FIND REASONS TO DISAGREE
00:33:11OUR PATH WILL NOT BE EASY.
YET OUR OPPORTUNITY WILL NEVER
00:33:14BE SO GREAT.
LET US RESOLVE TO DO GREAT
00:33:19THINGS.
TO FINISH OUR JOB FOR THOSE
00:33:23HARDWORKING, PRODUCTIVE,
INNOVATIVE, CAN-DO,
00:33:27COMPASSIONATE AND BRAVE OHIOANS
WHO SEND US TO COLUMBUS TO MAKE
00:33:32THIS STATE A BETTER PLACE TO
LIVE, WORK, AND RAISE A FAMILY.
00:33:35MAY GOD BLESS YOU ALL AND MAY
GOD BLESS OHIO.
Note : Transcripts are compiled from uncorrected captions