Kasich, King Of Government Waste, Now Has Plan To “Balance” The Federal Budget

COLUMBUS – Ohio Gov. John Kasich today released his plan that would purportedly balance the federal budget — but his administration has wasted millions on a failing, for-profit charter school system and an economic development agency that is plagued with conflicts of interest.

“Under Kasich’s leadership, Ohio’s for-profit charter school system costs taxpayers $1 billion, and it’s rife with waste, fraud and abuse,” said Ohio Democratic Party Chairman David Pepper. “Kasich’s JobsOhio agency is a cesspool of waste and self-dealing. The idea that our governor is now some sort of expert on cutting government waste is ridiculous. His proposal is more of the same failed policies that have resulted in Ohio’s job growth trailing the nation for 34 straight months.

Earlier this year the Columbus Dispatch revealed that JobsOhio “grew from 37 to 61 employees while adding senior, highly paid executives and granting a hefty pay raise to its president and chief investment officer.” This news prompted the Cleveland Plain Dealer editorial board to call the pay hikes “wretched excess.”

JobsOhio’s board of directors has several potential conflicts of interest. According to a report by the Dayton Daily News, six of the board members “have direct financial ties to companies that have received tax credits and other assistance from state government or JobsOhio since Gov. John Kasich took office in 2011.

According to reporting by the Akron Beacon Journal, “Since 2001, state auditors have uncovered $27.3 million improperly spent by charter schools, many run by for-profit companies, enrolling thousands of children and producing academic results that rival the worst in the nation. And the extent of the misspending could be far higher.