It is our position that the State of Indiana generally and our legislature specifically must act in response to falling revenue. The State has undershot its tax collection forecast for the past 17 months including this past month. Leaders in the Indiana Senate have undertaken to past a collection of resolutions aimed at making our budget balance. While no one wants to spend less, we believe it would be irresponsible to take any other action. With business already suffering tremendously from the current recession and concern over coming months (including potential for significant tax increases or continued malaise in the economy), government must continue to make its expenses match it earnings.
The Senate bills have passed and are now awaiting corresponding passage from the Indiana House of Representatives. There, Speaker Pat Bauer chose to act and bring the bill to the floor for a vote – or he can simply shelve the proposals and let the State spend more than it makes. While the folly of such action seems apparent to most taxpayers, it nevertheless routinely eludes the thinking of many government officials. Senate bills 1, 35, 236 and 98 deserve a vote. And we should demand it
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