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Home > Blogs > Ohio politics > Archives > 2008 > February > 12 > Entry
Strickland sets up bond issue PAC
Gov. Ted Strickland must be serious about his proposal to ask voters to approve a $1.7 billion economic stimulus bond issue in November.
The governor has set up a PAC - political action committee - to raise money to support passage of the issue. Separately, Strickland has set up a nonprofit corporation to more generally support the bond issue and all other job creation efforts.
Attorney Don McTigue is handling the legal paperwork. McTigue said there’s no limit on contributions to either the PAC or nonprofit corporation.
Strickland has said that if the legislature doesn’t vote to put the issue on the ballot, he will launch a campaign to gather more than 400,000 signatures from registered voters to put the issue on the ballot that way.
The governor has said passage of the issue would create more than 80,000 jobs in areas such as renewable energy, infrastructure and biomedicine. House Speaker Jon Husted, R-Kettering, has said borrowing money is not the best path to job creation and that he favors a pay-as-you-go approach.
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