Taxing the fracking Bloomberg reports that Ohio Gov. John Kasich has a new proposal to tax oil and gas drilling in his state. Taxes on the new kinds of drilling, known as “fracking,” could raise $1.02 billion for the state by 2016, according to the report.
$1 billion for manufacturing President Obama plans to be in Virginia today to promote a new $1 billion grant program to fund innovation in manufacturing. The plan requires approval from Congress.
Turning it around Wisconsin added jobs last month. But previous months’ figures were revised, creating a more mixed jobs picture.
Head Stop The federal government will stop sending $50 million a year to the city of Detroit to administer Head Start programs. The Detroit Free Press says the decision follows reports that city officials mishandled the money. Now, the government will try to find other organizations to run Head Start in the city.
Lower funds for higher ed Michigan is losing about $4 million in federal higher education funds. The loss is because the state cut its own budget for higher education, according to the Gannett news service.