CHICAGO — Ohio is set to begin issuing nearly $1 billion in tax-exempt bonds later this year as part of a $1.57 billion economic stimulus package signed into law last week by Gov. Ted Strickland.

Officials say the package will create up to 57,000 jobs across several sectors, many in the renewable energy or biomedical industries, amid a sagging local economy and a budget shortfall that could reach as high as $1.9 billion.

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