Lawmakers Face $100M Shortfall in Two-Year Budget
Indiana lawmakers have about one week to cut nearly $100 million from the proposed state budget.
The general revenue forecast revealed Wednesday predicted the state will collect $34 million less over the next two fiscal years, and Medicaid is expected to need more than $60 million in additional funding than originally expected. in the state budget.
But lead budget writers in the House and Senate said they were confident that the cuts they will need to make to the two-year $34.6 billion spending plan won’t hurt Hoosiers.
“There was nothing in the reports that gave me tremendous pause,” said Rep. Todd Huston, R-Fishers, co-chair of the House Ways and Means Committee.
Read more: https://www.nuvo.net/news/lawmakers-face-m-shortfall-in-two-year-budget/article_af40fea0-61dd-11e9-8f79-634d08e50a44.html
