INDIANAPOLIS | Hoosiers should not expect any significant increases in state spending, though businesses could see another round of tax cuts under the 2016-17 Indiana budget now being crafted by Gov. Mike Pence.
INDIANAPOLIS | Indiana fell $5.2 million short of its July revenue target, ending a four-month streak of better than expected tax collections.
INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.
INDIANAPOLIS | No single person at the Statehouse is standing in the way of South Shore expansion, because outside the 21-member Northwest Indiana legislative delegation, few of the 129 other state senators and representatives have even heard of it.
INDIANAPOLIS | Gov. Mike Pence focused on familiar themes Tuesday in his second State of the State address, asking the General Assembly to lower taxes on businesses and families, fund prekindergarten for low-income children and promote charter schools.
INDIANAPOLIS | State revenue rebounded last month, easily surpassing the reduced monthly target that budget officials adopted Dec. 20 after falling short four times since July.
INDIANAPOLIS | New details about Gov. Mike Pence's proposal to increase the amount of personal income exempt from state tax reveal the plan is far less generous than originally assumed.
INDIANAPOLIS | Gov. Mike Pence wants to reduce the income taxes paid by families with children as part of his plan to promote marriage and childbearing in Indiana.
SCHERERVILLE | Northwest Indiana's economy should continue down a path of slow growth next year, when the state's unemployment rate is project to shrink to 6.5 percent.
WASHINGTON | Five years after a global financial crisis erupted, the world's biggest economies still need to be propped up.
INDIANAPOLIS | Former U.S. Sen. Evan Bayh, D-Ind., sees the recent financial crisis as a tale of greed, fear, dreams, hopes and panic, calling it a story as old as time and destined to repeat itself absent changes to the incentives that drive American business and government.
Economics is not an experimental science. We can't say to Congress, "Honorable ladies and gentlemen, please drastically raise taxes and cut spending all at once so we can measure the effects on the economy of changes in the federal government's budget." This is not what elected officials do.
What's wrong with the recovery? It's been almost two years since the end of the Great Recession in July 2009. The recession ended in the sense that the economy stopped declining and started growing. But growth has been very slow.
Hand with gas pump and money
A large quantity of 100 US$ money notes lined up in a vertical row. Very shallow depth of field.
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