Indiana’s next two-year, $37 billion state budget accelerates opportunities for all Hoosiers – and in an unprecedented way. During the height of the worldwide pandemic, Indiana’s fiscal health proved its resiliency and our economic future is brighter than ever before. This legislative session, Indiana House Republicans hit the accelerator and worked hard to pay down debt while supporting jobs, economic development, K-12 education, public health, infrastructure and so much more.
This session’s game-changing news came in April when the fiscal forecast increased revenue projections by $2.4 billion over the next three years. A number of factors fueled this strong outlook, including an increase in job opportunities, higher consumer confidence, a successful vaccine rollout and an infusion of federal dollars into the economy. This forecast presented a golden opportunity to make strategic investments in Indiana’s future.