Indiana State Senator Randy Head said Friday, “A recent report shows that over half of the states will still be struggling with budget deficits next year – more than six years after the Great Recession ended.” He continued, “By contrast, Indiana continues to operate with a balanced two-year state budget that funds vital state services, contains no tax increases and ensures ongoing revenues exceed ongoing expenditures.”
Unlike those states that are facing cuts and tapping reserve funds, Indiana is projected to end the biennium with $1.85 billion in reserves.
In addition to voting in favor of our responsible state budget, I supported a balanced budget amendment that would make sure Indiana’s fiscal stewardship continues in years to come.
Senator Head said, “Fiscal integrity remains a priority of mine and I will continue to support common-sense policies like balanced budgets and responsible spending that promote economic vitality throughout our communities.”
