The Indiana Department of Workforce Development told federal overseers yesterday that it has made changes that should cut a rate of miscalculating jobless benefits that was five times the national average. The state agency sent a 121-page document to the U.S. Department of Labor responding to a March report that found 41 cases in which […]
Normal 0 false false false MicrosoftInternetExplorer4 Indiana‘s State Budget Committee has ordered a new revenue forecast it hopes will paint a more accurate picture of state finances before lawmakers meet for a special budget-writing legislative session. Republican Sen. Luke Kenley of Noblesville said a committee will examine recent revenue projections and actual tax collections to […]
Indiana legislative leaders have a debate blueprint they hope will prevent a long, costly special session for a new state spending plan. They’ve formed a special committee that will ask for a revised revenue forecast, even though lawmakers just received one last month. They want a full budget proposal from Republican Gov. Mitch Daniels, complete […]
Someone once told me it’s easy to run an organization when times are good.
It’s when times are tough that things get difficult. Well, we’re definitely there.
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame
game usually isn’t a productive exercise.
Commentary Oh captain, my captain, where art thou? Someone once told me it’s easy to run an organization when times are good. It’s when times are tough that things get difficult. Well, we’re definitely there. Nowhere is it more evident than at the Indiana Statehouse, where the 2009 General Assembly spent four months hammering away […]
Embracing risk key to revival Executives shouldn’t become timid Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and […]
STATEHOUSE DISPATCH Legislators, governor disagree about special session Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame game usually isn’t a productive exercise. This time, however, may be different, and what both of the principal sides in the dispute over the failure to enact a […]
Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and traded complex securities few truly understood. Yet a strong […]
Regional airline operator Republic Airways Holdings Inc. said yesterday its first quarter profit fell by 89 percent as costs rose and traffic fell slightly. Indianapolis-based Republic, which flies regional jets for carriers including Delta Air Lines, United Airlines, and US Airways, said it earned $2.2 million, or 6 cents per share, during the quarter that […]
Indiana Gov. Mitch Daniels wants a new state revenue forecast before he calls lawmakers back for a special session to write a budget, saying that a revised forecast issued last month was so far off in April that a new starting point is in order. That and other comments he made yesterday drew mixed reactions […]
Three days before the Indiana General Assembly was to end last week, Republican Gov. Mitch Daniels said one way to avoid an extra session was to be clear about what he could and could not accept in a new state budget. He said budget plans passed by House Democrats and Senate Republicans were not acceptable […]
Normal 0 false false false MicrosoftInternetExplorer4 Three days before the Indiana General Assembly was to end last week, Republican Gov. Mitch Daniels said one way to avoid an extra session was to be clear about what he could and could not accept in a new state budget. He said budget plans passed by House Democrats […]
Republicans and Democrats in the Indiana House had plenty to disagree about before they voted down a proposed state budget, forcing a special legislative session. But in the thick of talks over state spending, a heated debate emerged about whether the growth of charter schools should be limited. That discussion will likely continue as lawmakers […]
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
You wouldn’t have expected it going into the final week of the Indiana General Assembly, but we’re headed for a special legislative
session.
The Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay. That’s the assessment of the Indiana Chamber of Commerce and Indiana Manufacturers Association, which are howling in protest at Gov. Mitch Daniels’ refusal to veto […]
Democratic Indiana House Speaker Patrick Bauer is blaming Republican Gov. Mitch Daniels for the need of a special legislative session. The General Assembly did not pass a new state budget by last night’s midnight deadline for adjourning the session, which will force Daniels to call a special session to get one approved. Bauer said today […]
Lawmakers failed to take action on a bill last night before the General Assembly adjourned that would have given Indianapolis local taxing options to help its struggling stadium agency. The bill may have some hope if it is revived in the special session that is now necessary after lawmakers failed to pass a new state […]
