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Article: Ohio losing battle for share of federal spending.(Brief Article)(Statistical Data Included)
- Article from:
- Crain's Cleveland Business
- Article date:
- January 17, 2000
- Author:
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ohio is shortchanged by federal spending patterns that continue to favor Southern and Western states, according to a study conducted by the Northeast-Midwest Institute in Washington, D.C.
State residents paid $64 billion in federal taxes in the 1998 fiscal year, but the state received only $52 billion in all forms of federal spending, the study concluded. The results almost mirrored fiscal 1997, when Ohioans paid $61.5 billion in federal taxes and received $51 billion in federal spending.
Ohio's return on its tax dollars ranked it 36th of the 50 states, according to the study. Measured by return on each tax dollar, New Mexico came out on top, receiving ...