Local News

News > Local News > Pence Touts Indiana's Fiscal Stability

Pence Touts Indiana's Fiscal Stability

As his staff prepares to work on a new two-year budget, Indiana Governor Mike Pence is touting the state's fiscal stability.

Speaking with 93 WIBC's Abdul-Hakim Shabazz, Pence says Indiana's strong balance sheet is the reason tens of thousands of new jobs are coming to the state as well as a lower unemployment rate.  "The fact that we have the kind of surplus and reserves that people have confidence that we would be able to manage our way through any unexpected downturn is a critical part of our economic development success story in Indiana."

Pence says having a $100 million surplus and $2 billion in reserves is the right number but it hasn't been easy getting there. He says Indiana's month-to-month revenues have been soft and they've had to make some tough choices but he remains proud of Indiana's government.  "I'm very proud of our agencies and state employees who tightened their belts and continued to provide exceptional services even while the increases in their budgets were not as much as expected."

Pence says his team is looking at ways to bring Indiana's revenue streams up.  He says for him, it's all about growth.  "It's all about promoting Indiana in a way that will continue to invite the kind of investment that is resulting in the growth that we're seeing in our state today."

Local News

A major insurance company based in Indianapolis continues efforts to buy a competitor, even as another big...
Wayne Townsend, the Democratic nominee for governor in 1984, has died at age 89. Townsend was elected to the state...
A deadly night in the circle city left two people dead and several others wounded. The first incident happened...
Governor Pence at the signing of RFRA, flanked by lawmakers and conservative religious leaders (wibc.com file...
Indiana State Fire Marshal Jim Greeson says Hoosiers should have fun celebrating this July 4th weekend, but he...