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Ind. House Passes $30B Budget Bill

Last Updated: February 26, 2013 11:48:33 am
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(Indianapolis, Ind.) - The Indiana House has approved a $30 billion budget, but the bill must still make it through changes in the state Senate.

 

The House voted along party lines, 68-28, Monday night for House Bill 1001.

 

The two-year spending plan includes an additional $700 million for roads and schools than was originally sought by Governor Mike Pence.  It also leaves out a 10-percent personal income tax credit the governor wants.

 

When compared to Pence’s budget proposal submitted in January, the House version is about $1 billion larger. It adds $200 million more for education and $500 million for roads.

 

Although outnumbered, Democrats argue that the budget doesn't spend enough on education and continues to shift more burdens on the middle and lower class. Republicans counter by saying the budget includes a historic level of school spending.

 

The minority party in the House also attempted to add Pence’s tax cut to the budget last week, but the idea was stifled by Republicans. GOP leaders say the cut could still make its way into the budget once updated state revenue forecasts are given in April.


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