Pence signs two-year Indiana budget

INDIANAPOLIS | Republican Gov. Mike Pence on Wednesday signed into law Indiana's $30 billion, two-year state budget that keeps spending increases below the inflation rate and provides Hoosiers more than a billion dollars in tax cuts.

April state revenue tops prior year's total

INDIANAPOLIS | State revenue rebounded last month following a disappointing February and March that saw Indiana's tax receipts dip below 2012 levels.

Pence claims tax cut victory

INDIANAPOLIS | Gov. Mike Pence showed no signs of disappointment Monday despite having failed to persuade the now-adjourned General Assembly to adopt his oft-touted plan cutting the state's income tax rate by 10 percent.

Lawmakers set to approve state budget, adjourn for year

INDIANAPOLIS | The Republican-controlled General Assembly early this morning was on the verge of approving a two-year state budget plan that reduces taxes on Hoosiers by $1.1 billion.

Indiana budget plan cuts taxes by $1.1 billion

INDIANAPOLIS | Despite polls showing Hoosiers want Indiana to invest more in education, roads and other state services, the Republican-controlled General Assembly is poised to enact the largest package of tax cuts in state history.

Pence sure income tax cut will create jobs

INDIANAPOLIS | Gov. Mike Pence is certain reducing Indiana's personal income tax rate will create jobs, despite the doubts of legislative leaders and the increase in unemployment that followed distribution of the state's automatic taxpayer refund.

Income tax cut in Senate budget but smaller than Pence wants

INDIANAPOLIS | Gov. Mike Pence lauded the Senate Appropriations Committee on Thursday for adding an income tax cut to the pending 2014-15 state budget, even though the reduction is less than one-third the size Pence wanted.

Pence 'confident' he'll get income tax cut

INDIANAPOLIS | Republican Gov. Mike Pence remains "hopeful" and "confident" state lawmakers will approve his proposed income tax cut, despite blunt hints from Republican legislative leaders that it's not going to happen.

Indiana falls short of February revenue goal

INDIANAPOLIS | Indiana remains on track to end its 2013 budget year on June 30 with a surplus, but if February's lackluster state revenue continues into subsequent months it won't be much of one.

IRS delay temporarily boosts state revenue above forecast

INDIANAPOLIS | An Internal Revenue Service delay in accepting income tax returns slowed payments of Indiana tax refunds last month and pushed state revenue well above expectations.

Study: Pence tax cut would mostly benefit the rich

INDIANAPOLIS | Republican Gov.-elect Mike Pence is standing by his proposal to cut Indiana's income tax rate, despite a nonpartisan study showing most taxpayers would get back less than $100 and a new poll showing most Hoosiers oppose Pence's plan.

Pence will press Legislature for income tax cut

INDIANAPOLIS | Republican Gov.-elect Mike Pence will not be cowed by Republican lawmakers questioning whether Indiana can afford Pence's proposal to cut the state's income tax rate by 10 percent.

Indiana starts budget year strong

INDIANAPOLIS | Indiana's 2013 budget year got off to a fast start last month, with state revenue beating expectations by 4.1 percent and coming in 10 percent higher than last July.