Indiana is now expected to have about $5 billion dollars more in the bank than was expected in budget forecasts.
The legislature may decide in the upcoming session if you will get some direct benefit out of that in a tax cut.
Senate Appropriations Committee Chairman Ryan Mishler (R-Bremen), sounded a bit more cautious, saying his belief is that lawmakers should look at the possibility of paying off some debt, and be cautious about next year’s budget, when the money might not be as plentiful.
