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Daniels burns mortgages to mark lower Indiana debt

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Indiana Gov. Mitch Daniels says the state government's debt for construction projects and other expenses has dropped by more than half during his eight years in office.

Daniels and other state officials on Wednesday marked the early completion of payments on 10 state facilities by ceremonially burning the mortgage paperwork in a trash can outside the Statehouse.

The governor's office says the total state debt has gone from $3.6 billion to $1.7 billion since early 2005. That debt includes financing for buildings and roads and delayed payments to school districts and universities.

The paperwork burned included that for two office buildings and two parking garages near the Statehouse, White River State Park in Indianapolis and prison facilities in Pendleton, Rockville, New Castle and Plainfield.

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  • Sad
    We will not have a better Governor of Indiana in my lifetime and I am only 33. Gov. Daniels has saved this state from bankruptcy and put it on a bright fiscal path to the future.
  • thankyou for a job well done
    thankyou so much for a job well done,i would vote for you to be president,but we have to get all the clowns out of dc so you can do your job without the bickering,they need all to go,so we can get this great country going again.
  • Mcdaniels
    Yeah, and the roads are the worst they have been in 8 years.
  • Tell the whole story
    Does the $1.7 bill include or exclude the $ 2 bill owed to the Feds for shoring up IN unemployment fund. Are unfunded state pension obligations discussed? Why not? Why not disclose the state leases Mitch and his minions gave to Bales and others. Is that in the billions?

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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