Consider progressive taxes
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
Which group should make the spending decisions? Consumers or elected officials?
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
Sometimes the news is just so good you can’t believe it, and that is just what happened with the state revenue forecast this
month.
The two principal matters that all agree must be resolved are the biennial budget and a plan to return the Unemployment Insurance Trust Fund to solvency.
When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.
The Indiana General Assembly session will end with a focus on what has dominated discussion since Organization Day back in November: fiscal issues.
Indiana lawmakers are stuck between the proverbial rock and a hard place when it comes to fixing the state’s bankrupt unemployment insurance fund.
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Difficult economic conditions have been faced before and we have both the tools and will to overcome our problems.
Brace yourself, because things in this legislative session are destined to get messy: the politics, the process, the personalities,
the context, and the issues and their substance, all at once.
The key legislative item at this point remains House Bill 1001, the budget bill.
Although the Kernan-Shepard report focused on local government efficiencies, it is also clear that the management of Indiana’s
public resources and assets at the regional and state level has not kept pace with the technological and socioeconomic advances
of the last century.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
The Indiana state budget will continue to be a work in progress for many more weeks.
Positive action, action for the sake of action, and inaction were all on tap in the General Assembly in recent days as lawmakers
prepared to wrap up the first half of the session.
The bill in question seems like a long shot. It would abdicate government’s responsibility for protecting citizens’ health
and safety, and place it in the hands of individual business owners.
Stimulus talk continues to dominate discussion at the Indiana Statehouse, creating indecision for lawmakers who were supposed to be devoting their full attention to assembling a two-year budget under difficult economic circumstances.
Jobs themselves may become “Job One” for our elected officials.
Now expecting $935 million less in annual revenue than they did a year ago, legislators will spend the next four months arguing
over budget cuts.