Child tax credit ending just as inflation hits new highs
The last of six monthly payments, up to $300 per child, is scheduled to hit bank accounts on Wednesday.
The last of six monthly payments, up to $300 per child, is scheduled to hit bank accounts on Wednesday.
Capping a marathon day, the House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote, defusing a volatile issue until after the 2022 midterm elections.
Gov. Eric Holcomb said interest in the Regional Economic Acceleration and Development Initiative, or READI, has surpassed the state’s expectations—so much so that the allotted $500 million in funding will fall far short of meeting every region’s vision.
Key to the agreement is that Democrats will have to vote on a specific amount by which the debt ceiling will be lifted. The amount has not yet been disclosed, but it is sure to be a staggering sum.
In their most public, forceful protest to date, Republicans led by Sen. Mike Braun of Indiana muscled to passage a proposal that aims to repeal rules ordering large private businesses to require vaccination or implement comprehensive coronavirus testing for their workers.
The order came in response to a lawsuit from several contractors and seven states. It applies across the U.S. because one of those challenging the order is the trade group Associated Builders and Contractors Inc.
Indiana Gov. Eric Holcomb said the pandemic remains a real threat and is taking lives, but he maintains that the state’s role is to provide vaccines and other resources, not impose vaccine requirements or mask mandates.
Lawmakers in Indiana’s neighbor to the east will consider making graduates of any Ohio college who take a full-time job in the state exempt from state income tax for up to three years.
The biggest policy change—a system for Medicare to negotiate prices for prescription drugs—won’t begin to deliver lower costs until 2025, and then only for a selected set of 10 medicines, as well as insulin products.
The controversial bill is scheduled for an unusual pre-session public hearing more than two weeks before the legislative session officially begins Jan. 4. The hearing will be the second attempt by House Republicans to expedite the legislation.
U.S. Sen. Todd Young, an Indiana Republican, is among six GOP senators on the U.S. Senate Committee on Commerce, Science, and Transportation who filed the FREIGHT Act.
The spending bill passed Thursday avoids a short-term shutdown and funds the federal government through Feb. 18.
In an effort to address ongoing staffing woes, industry groups are seeking to ease some training and regulatory requirements.
Congressional leaders reached agreement Thursday on a stopgap spending bill to keep the federal government running through mid-February, though a temporary shutdown was still possible.
The signing marks the 21st time Holcomb has extended the state’s COVID-19 public health emergency, which has been in place since March 2020.
The high court is hearing arguments Wednesday in which the justices are being asked to overrule the court’s historic 1973 Roe v. Wade decision legalizing abortion and its 1992 ruling in Planned Parenthood v. Casey, which reaffirmed Roe.
House Bill 1001 was the first bill filed for the legislative session that kicks off on Jan. 4, meaning it is likely a priority for GOP leadership.
Legislative leaders said they now will plan to address COVID-19 vaccine mandates and the public health emergency during the regular session in January.
The legal tussle over the vaccine mandate for larger private employers is one of several challenges over Biden administration vaccine rules. Courts so far have not halted two other mandates—one for health care workers and one for contractors for the federal government.
Republican leaders are trying to speed legislation through the Indiana General Assembly that would effectively force private employers that mandate COVID-19 vaccinations for employees to allow for any medical or religious exemptions—no questions asked.