Indiana Senate Republicans have unveiled their version of a new state budget, pumping more money into schools and spending a little less overall.
The House and Senate budgets give schools about the same one-percent increase in the first year of the two-year budget, but the Senate adds an extra 30-million dollars the second year, bumping a two-and-a-half-percent increase to nearly three-percent.
The Senate budget revives Governor Holcomb’s plan to spend 400-million dollars to shore up teacher pension funds to free up money to do that.