Indiana Governor Braun Proposes Biennial Budget

Indiana Governor Mike Braun has proposed a state budget that aims to cut spending by $700 million over the next two years while increasing funding for K-12 education and child care subsidies. His plan includes a 2% annual increase in K-12 funding, totaling nearly $540 million, alongside a push for universal school vouchers. Braun has called for a 5% reduction in spending across state agencies, citing the need for efficiency, but has faced criticism from Democrats who worry about potential cuts to public health and education services. The budget also proposes tax relief measures such as eliminating the tax on retirement income and providing sales tax holidays. While Braun emphasizes maintaining a strong budgetary balance, some lawmakers question how significant spending cuts can be achieved without impacting essential services. The budget process is set to begin with legislative hearings, culminating in a finalized budget by April.