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.
New high (tech) schools Five giants of the tech world are teaming up to open six new high schools in Chicago. Students at the high schools will stay for six years, and leave with an associates degree in a high tech field.
Jet jobs Michigan Governor Rick Snyder says the state could lose 600 jobs if the Air Force moves its A-10 fighter planes away from the Selfridge Air National Guard base.
Signature move Opponents of Michigan’s emergency manager law say they have enough signatures to put the issue on the ballot, and let voters decide whether the law should stand. Partner station Michigan Radio reports the signatures will be turned in today for certification.
Mine on the mind Wisconsin Governor Scott Walker is hitting the road to help promote a controversial mining bill. The bill would open up a new mine in northern Wisconsin. The bill passed the state Assembly, but it now appears to be headed for a close vote in the Senate.
Right to Work in court Opponents of Indiana’s new Right to Work law will get their day in court. Attempts to overturn Right to Work have failed in other states. But activists say Indiana’s law was passed in a hastily, and it contains provisions not found in other Right to Work laws. Both sides will make their case at a preliminary hearing on Monday.
Drilling down into the numbers A new study says shale gas and oil will add $5 billion to Ohio’s economy over the next two years. The Cleveland Plain Dealer reports the study was commissioned by the Ohio Chamber of Commerce, on behalf of the Ohio Shale coalition. The study predicts the boom in shale drilling will happen about 10 times faster than previous studies predicted.