Indiana Statehouse Democrats and Republicans are taking a different approach to a proposed revenue forecast that shows the state taking in nearly than $400 million less than predicted in April.
The forecast unveiled today shows that while tax revenue is growing, Indiana bringing in nearly $398 million less than predicted in April.
House Ways & Means Chairman, Dr. Tim Brown says Indiana’s stable reserves and budget surplus will help it weather any fiscal storm. Meanwhile Democrat State Senator Karen Talian says the shortfall shows Indiana has cut too many taxes for corporations and that wages aren’t rising fast enough.
You can hear them both in the Leon-Tailored Audio above.
