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Renewal of Third Frontier down to the wire
State lawmakers are trying to bridge a $450 million partisan gulf over asking voters in May to renew the Third Frontier bond program.
The Democrat-controlled House passed a resolution to ask voters to approve $950 million in bonds over five years while the GOP-controlled Senate set the guidelines at $500 million over four years.
The deadline for putting an issue on the May ballot is tomorrow, Feb. 3.
Gov. Ted Strickland said it comes down to the Senate Republican caucus. “I hope they’ll listen to the business community and the academic community that strongly support this at a robust level,” the governor said Tuesday, Feb. 2.
Strickland noted that the Third Frontier was started by Republican Gov. Bob Taft.
Meanwhile, Republican John Kasich, who is running against Strickland this year for governor, won’t say what amount of bonds is best for the Third Frontier renewal, just that it should be “reasonable,” according to his campaign spokesman Rob Nichols. He added that the way that the grants are awarded should not be politicized.
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