House Republicans Present $47 Billion Budget, Exceeding Governor Braun’s Proposal!

Posted on February 15, 2025February 15, 2025 by Yvonne Scott

2 min read

STATEHOUSE — House Republicans have introduced a nearly $47 billion budget, which is about $500-600 million more than what Governor Mike Braun anticipated.

This new budget outlines spending for key areas such as education, public safety, and school choice while making adjustments to proposed tax cuts.

Education and Public Safety Funding

The budget includes significant funding for K-12 education, ensuring that schools receive the necessary resources.

Lawmakers also aim to improve public safety by allocating funds for law enforcement and community programs.

School choice programs are also part of the budget, giving families more options for their children’s education.

Tax Cuts Still Under Discussion

Although some tax cuts have been removed, lawmakers still aim to reduce taxes. However, there is ongoing debate on how to implement these cuts while maintaining financial stability.

House Ways and Means Chairman Jeff Thompson remains optimistic, emphasizing that the budget creates opportunities for Indiana residents.

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Focus on Economic Growth

Thompson believes that “opportunity” is the key theme of the budget. He highlights that the financial plan will help Indiana grow by supporting local businesses, infrastructure, and community programs.

Lawmakers and local leaders will collaborate with Governor Braun to finalize the budget in a way that benefits all residents.

Next Steps for Approval

The proposed budget is still in its early stages, and discussions will continue to refine it before final approval.

Lawmakers will review public input and work with Governor Braun to make necessary adjustments.

The goal is to ensure that the final budget aligns with Indiana’s long-term growth and financial stability.

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