HICKS: Cuts will come in wake of federal budget deal
It is clear that the agreement to raise the United States’ debt ceiling demands cuts to military budgets, to entitlements and to the vast cornucopia of discretionary spending.
Federal Government
Articles
Most Indiana lawmakers vote against raising debt ceiling
A majority of Indiana's congressional delegation bucked the trend and voted against emergency legislation to raise the nation's debt ceiling, drawing praise from a tea party official.
Obama signs debt bill after final Senate vote
The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline.
Indiana asks court to lift Planned Parenthood order
Indiana asked a federal appeals court Monday to lift a judge's order blocking parts of a new abortion law that cuts some public Planned Parenthood funding, saying the issue should be decided by Medicaid officials and not the courts.
Debt deal gaining steam in Washington, D.C.
A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.
Daniels, at peace with presidential decision, running out clock
Indiana’s Mitch Daniels has gone from considering a run for president to finishing out his second and last term as governor.
Lugar: Norquist tax pledge, others hamper Congress
Sen. Richard Lugar is the only Republican in the state's Congressional delegation who hasn't signed Norquist's pledge, which requires the signer to "oppose and vote against any and all efforts to increase taxes.”
Indiana could weather U.S. default for a couple months
The state would be able to draw down its $1.2 billion cash reserves and lean on money from the $3.8 billion Indiana Toll Road lease to carry it for a few months until the federal government came up with a plan, according to Budget Director Adam Horst.
Senior housing project replacing retail center
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
Indiana life sciences leaders look toward the future
Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue’s Discovery Park.
More life sciences firms opt to launch products in Europe
The U.S. Food and Drug Administration’s growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.
Nearly 100 Indiana post offices to undergo review
The financially-troubled U.S. Postal agency announced Tuesday that it will study more than 3,600 offices, branches and stations throughout the nation for possible closing.
Military accounting firm closing; 84 jobs lost
Virginia-based Kearney & Co., an accounting firm that provides financial services for the federal government, will close its office at the Defense Finance and Accounting Services Center on the east side, resulting in the loss of 84 jobs.
Birth control coverage required in U.S. health plan
Health insurers led by WellPoint Inc. would be required to cover birth control pills and devices at no cost to patients under the recommendation of a top U.S. scientific advisory board.
.
Lugar going on TV early in 2012 Senate race
Republican U.S. Sen. Richard Lugar is attacking President Barack Obama and showing himself with former President Ronald Reagan in his first campaign ad in what will likely be a tough re-election contest.
Former federal prosecutor plans run against Burton
Susan Brooks announced Tuesday she will challenge Dan Burton in the May 2012 Republican primary to represent Indiana's 5th District.
Senators propose immediate end to ethanol credit
Two senators from ethanol-producing states proposed Thursday to immediately end a tax credit for the corn-based fuel and agreeing to support shifting some of that money to debt reduction.
HICKS: Without real cuts, cost of borrowing will rise
What is abundantly clear is that federal spending is much higher than is currently sustainable.
HICKS: Founding document holds lessons for today
The Declaration of Independence has some key tenets that bear mentioning in these times.
Lugar pushes energy savings, more oil production
Indiana Sen. Richard Lugar is pushing a national energy plan he says will save billions of dollars by increasing domestic oil production and improving energy efficiency.