Sen. Luke Kenley’s CIB bailout plan counts on the Indianapolis Colts to keep up their sellout streak, and assumes the Indiana Pacers and Indianapolis Indians will maintain at least their current popularity.
Though I’m an economist, and not much skilled at matters of the heart, it seems to me there’s something amiss in today’s national psyche. There’s no real sense of purpose or unity. For those of us old enough to have had very close relatives who lived through the Great Depression, today just feels different from […]
Indiana lawmakers are considering legislation to create a network that would coordinate hospital trauma programs and bring
the centers to underserved cities and rural areas.
The state’s overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
Most of the critical work of this state legislative session will occur after April 20, because only then will the General
Assembly have a revenue projection for the next biennium.
House Bill 1338 introduces a change to many (but not all) of our state’s tax incentives, adding what is known as a “clawback” provision, offering a reasonable and fair adjustment to our current tax incentives.
The people of Indiana need to work to improve education, the overall health of our work force, and productivity and innovation.
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.
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.
Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they’re owed by Getrag Transmission Manufacturing.
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.
Whether it’s structuring local government to fit the 21st century, financing sports stadiums, achieving property tax reform or putting the state’s unemployment fund on sound footing, our leaders consistently show their failure to lead.
We’re generally supportive of a plan to merge the state’s two largest public pensions in an effort to save money, but it’s
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment management auspices.
Whether or not the Indiana Public Employees’ Retirement Fund and the Indiana State Teachers’ Retirement Fund consolidate,
their primary financial consultants are merging.
Dr. Jeff Wells is moving on from the Indiana Medicaid program even as a $40 million cost-savings plan he spearheaded faces
a threat in the Legislature.
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.
The Obama administration recently reversed a Bush-era policy that prevented states from imposing some of their own environmental policies with respect to corporate average fuel efficiency, or CAFE, standards.
