Ohio Proposes 10 Percent Cut to Workers’ Compensation Premiums

three people in hard hats looking at a clipboard

Private businesses in Ohio would save nearly $106 million over the next fiscal year if a proposal to cut the state’s workers’ compensation premiums by 10% is approved.

The reduction would follow a 10% rate reduction for public employers – counties, cities, schools and others – that went into effect Jan. 1. If approved at the Ohio Bureau of Workers’ Compensation (BWC) board meeting Feb. 25, it would be effective July 1.

“At the request of Gov. [Mike] DeWine, we are proposing a new rate reduction for private employers,” BWC Administrator and CEO Stephanie McCloud said. “This proposed rate reduction confirms the dedication and hard work Ohio’s private employers have towards workplace safety.”

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Iowa Farmers Prepare for California’s Prop 12

Man in gray tee and blue jeans walking in a field with two hogs behind him

Hogs born Jan. 1, 2022, or later are subject to California’s Prop 12.

Some Iowa agricultural leaders have criticized the law, which prohibits the sale of pork from hogs that are the offspring of sows that were raised in pens with less than 24 square feet of usable floorspace per pig.

California accounts for about 15% of the U.S. pork market, the National Pork Producers Council said in a September news release. The NPPC is asking the U.S. Supreme Court to determine Prop 12’s constitutionality.

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Commentary: The Treacherous Road to Runaway Inflation

In January, 2001, America had a balanced budget, low debt, and was at peace. Here, briefly, is what lay ahead: war, financial crisis, civil unrest, massive growth of the federal government, and now severe inflation.

Never in the history of America has our government in its ineptitude created such a false economy, risking hundreds of years of hard work on unsound and unworkable economic policies. The Founders wisely relied on dispersion of power. They knew there would be dishonest and incompetent politicians but, in this case, the entire government is infected with deceptive leaders.

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Critics Pan Biden Order Calling for Half of U.S. Vehicle Sales to Be Electric by 2030

Electric car being charged

A new executive order from the Biden administration has accelerated the timeline for electric vehicles and raised questions about the economic impacts of the transition away from gas-powered vehicles.

President Joe Biden signed the executive order Thursday aimed at making 50% of vehicles zero emission in the U.S. by 2030, an aggressive push toward electric vehicles. About 2% of new cars sold each year in the U.S. are currently electric, according to the Pew Research Center.

“The Executive Order also kicks off development of long-term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle the climate crisis,” the White House said.

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As Biden Seeks to Limit U.S. Oil Production, Reliance on Russian Imports Rises

Within months of President Joe Biden halting the Keystone Pipeline, pausing new oil and gas leases on federal lands, and imposing further restrictions on U.S. oil companies, U.S. oil imports from Russia set a new record in March.

According to International Energy Agency, U.S. imports of crude oil and petroleum products from Russia reached 22.9 million barrels in March, the highest level since August 2010. They had reached over 25 million barrels in April 2009.

Crude oil imports from Russia in March stood at 6.1 million barrels, making Russia the third-largest oil exporter to the United States.

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Expanding Broadband Access in Ohio Becomes Law

Gov. Mike DeWine

Advancing broadband access across Ohio became official when Gov. Mike DeWine signed into law a bill that creates a grant program that government and business groups said is critical to economic development.

DeWine and Lt. Gov. Jon Husted signed the bill Monday at Middletown’s Amanda Elementary School, along with students, Ohio Superintendent of Public Instruction Paolo DeMaria and Ohio Development Services Agency Director Lydia Mihalik.

“Reliable high-speed internet is a necessity for all Ohio industries, including manufacturing,” said Ryan Augsburger, president of the Ohio Manufacturers Association. “The pandemic has illuminated the need for Ohio families and businesses to efficiently access broadband in today’s technology-based economy.”

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Ohio Industry, Business Groups Want Specifics in Biden’s Climate Plan

"There is no planet B" sign

As states, business groups, energy producers and other industry groups show concern over President Joe Biden’s climate plan, Ohio organizations want more specifics and believe cooperation is needed.

Biden has announced a plan that contained few specific measurers but established goals of cutting 2005 emission numbers in half by 2030.

The Ohio Manufacturers Association (OMA) pointed to concerns raised by the National Association of Manufacturers (NAM), which wants more details but also wants a fair plan.

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With Legal Marijuana Sales Imminent in Ohio, Demand Skyrockets

In as early as the coming days, the first legal marijuana dispensary will open for business in Ohio. Fifty-six sites have received approval for sale and several others are only waiting to receive the product before beginning distribution. However, many Ohioans are concerned that, even with legal certification, they won’t be able to obtain…

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