Skyrocketing cost of weight-loss drugs has state Medicaid programs looking for solution
At least 14 states already cover the cost of GLP-1 medications for obesity treatment for patients on Medicaid. Indiana is not one of them.
Politics & Government
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Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
Trump extends TikTok deadline another 75 days
The administration said it needs more time to broker a deal to bring the social media platform under American ownership.
Federal Reserve chief says tariffs likely to raise inflation, slow economic growth
Federal Reserve Chair Jerome Powell’s focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months.
State leaders say potential federal funding cuts unlikely to cause special session
The Trump administration is considering cuts or changes to spending on Medicaid, education and other programs that could impact the state budget.
Indiana bill roundup: Heavy-hitters on deck ahead of committee deadline
Several of the session’s most important pieces of legislation—including bills affecting the budget, property tax relief and health care transparency—will be heard, amended and passed out of committee next week.
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
What to know about tariffs after Trump launches trade war
Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.
20 new laws hit books with Gov. Mike Braun’s signature
Lawmakers have sent Indiana Gov. Mike Braun 38 bills thus far, and he has signed all of them.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
Pence to get Profile in Courage Award from JFK Library Foundation
The award will recognize former Indiana Gov. Mike Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said.
Following $1B Medicaid shortfall, state poised to drop firm that produced forecast
From fiscal years 2023 to 2024, the state’s Medicaid burden grew by 53.7%, from $2.6 billion to $4.1 billion.
‘Better in Indiana’: Bill to absorb Illinois communities advances to Senate floor
Illinois Gov. J.B. Pritzker previously called Indiana’s legislation “a stunt.” He’d need to bless the move, but companion legislation is already dead.
Indiana lawmakers seek to regulate, tax low-THC products
The legislation would create a three-tiered permitting system for retailing, distributing and manufacturing of both low-THC hemp products and hemp flower.
UPDATE: Trump announces sweeping tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced a baseline tax on imports from all countries, as well as what he called “reciprocal” tariffs on dozens of nations that run trade surpluses with the U.S.
Amazon makes last-minute bid for TikTok as ban looms
Although it’s unclear if ByteDance plans to sell TikTok, several possible bidders have come forward in the past few months.
Indiana Senate committee turns four local tax bills into one
A jam-packed agency bill became even more behemoth and wide-reaching on Tuesday after a Senate committee crammed in dozens of other provisions that largely deal with local taxes.
Another buyout offer hits inboxes of some federal workers
The deal, extended across at least five agencies in recent days, resurrects an option to resign now and be paid through September.
Legislation could sweeten tax incentives for certain quantum computing, defense-related projects
Data center construction has been met with some apprehension, including the low number of jobs produced for the large tax incentives and utility burden these developments require.