As Pence considers 2024 run, he seeks distance from Trump
Advisers and allies say they think former Vice President Mike Pence is likely to run for president, and insist he will not base his decision on whether Trump chooses to run again.
Government & Economic Development
Articles
U.S. Senate votes to consider $52 billion in semiconductor funding
The 64-34 procedural vote on Tuesday night met the criteria set by Senate Majority Leader Chuck Schumer to add research and development initiatives circulated by Republican Todd Young of Indiana and Democrat Kyrsten Sinema of Arizona to the legislation, which could be passed by the Senate next week.
Republicans warm to $52B computer chip incentives bill
Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid.
Indiana has a $6.1 billion surplus. Will taxpayers get some of it back?
As the Legislature prepares to consider Gov. Eric Holcomb’s proposal to return $1 billion of the surplus to taxpayers, some legislators and business leaders question whether that’s the best use of the windfall.
Panasonic picks Kansas for $4B, 4,000-employee battery mega-factory
The company and Gov. Laura Kelly announced the new project Wednesday, just hours after Kelly and eight top leaders of the Kansas Legislature signed off on a package of incentives worth $829 million over 10 years.
Biden administration: Docs must offer abortion if mom’s life at risk
The Biden administration on Monday said federal law on emergency treatment guidelines preempts state laws in jurisdictions that now ban the procedure without any exceptions.
State plans new I-65 exit near Boone County’s innovation district
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
Boone County plans $59.1M jail expansion
The council approved the project on June 14 by a 4-3 vote following months of debate between the council and the Boone County Commissioners.
Elevate Ventures taps local entrepreneur Christopher Day as next CEO
Christopher Day, the CEO and cofounder of Indianapolis-based marketing tech firm DemandJump, will take over as CEO of the Indianapolis-based organization on July 18.
Commission says $250M investment needed for Indiana public health
A commission tasked with reviewing Indiana’s public health infrastructure has found spending per capita lags and is set to pitch a significant investment.
State tourism agency plans to ask for huge funding boost
Tourism officials are introducing a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.
State takes steps to build on success of Indy Autonomous Challenge
The IEDC has contributed $3.4 million toward creating the Indy Innovation Challenge, to encompass both the Indy Autonomous Challenge and potential future competitions focused on performance automation technology.
Amid crypto turmoil, senators propose sweeping oversight
Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
Biden waives solar panel tariffs, seeks to boost U.S. production
White House officials said President Biden’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components like cells used for clean-energy generated fuels.
Big deals provide economic momentum; state still must focus on workforce
Experts say Indiana can’t take its foot off the proverbial gas; state economic development leaders say they are moving in the right direction.
City to make equity focus of cultural plan
The Department of Metropolitan Development is creating the city’s first cultural-equity plan—an effort to guide investment and resources into arts and attractions in a way that serves the entire community.
Indiana governor eyes ‘inflationary relief,’ not gas tax cut
Indiana Gov. Eric Holcomb said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump.
FDA chief struggles to explain slow response on baby formula
The FDA and President Joe Biden face mounting political pressure to explain why they didn’t intervene sooner to head off the supply crisis.
Indiana lawmakers override governor’s veto of trans sports bill
State senators voted 32-15 in favor of overriding Gov. Eric Holcomb following the same action in a 67-28 vote by the House earlier in the day.
Holcomb heading to World Economic Forum in Davos
The Indiana governor is scheduled to participate in a panel discussion Monday in Davos about high-tech manufacturing with business and labor union executives.