Articles

Tax cut lifts incomes, but spending barely rises

Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.

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Indiana overpays localities $610M over 3 years

State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.

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Daniels signs jobless-fund bill that unions fought

Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana’s debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.

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Ballard says jobs, neighborhoods critical

Creating a climate that allows businesses to thrive and improving Indianapolis’ neighborhoods will be critical to the city’s future success. That was the message Mayor Greg Ballard conveyed Thursday night in his fourth-annual State of the City speech, delivered at the Indianapolis Artsgarden downtown.

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Partisan divide could threaten long-term education reform

Indiana’s Republican-controlled Legislature will likely pass the bulk of education-reform measures being pushed this year by party heavyweights, but partisan rancor could threaten the long-term prospects for a sweeping overhaul of the state’s public schools.

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City seeks replacement for GM plant

Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.

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Indiana official out of job after ‘live ammo’ tweet

An Indiana deputy attorney general "is no longer employed" by the state after Mother Jones magazine reported he tweeted that police should use live ammunition against Wisconsin labor protesters, the attorney general's office said Wednesday.

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Casket maker plans $16.5M investment, 300 jobs

Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.

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Indiana Senate OKs contentious immigration bill

The Republican-ruled Senate voted 31-18 Tuesday for the bill, which contains penalties for businesses that hire illegal immigrants and allows police officers to ask someone for proof of immigration status if they have a reasonable suspicion the person is in the country illegally.

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