Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.

Tap the rainy day fund?

February 9, 2009
The weakening economy is producing worse and worse tax revenue forecasts for Indiana. As a result, Democrats are calling for Gov. Mitch Daniels, a Republican, to open the stateâ??s $1.3 billion rainy day fund.

Tough times like these are what the fund was created for, Dems say. Daniels has resisted, saying the economy could get worse.

Where do you come down on this? Is it time to start spending down the fund?
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