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Podcast: The IBJ Podcast with Mason King
Episode: Inside the Legislature's wild session on tax breaks, hospitals, IEDC and more
Description: In the early hours of Friday, April 25, Indiana legislators passed a $46.2 billion budget for state expenses over the next two years—specifically, from July 1, 2025, to June 30, 2027. Legislators knew going in that state revenue to fund the budget would be tight, and they got a nasty revenue forecast with about a week to go in the session. The last week of a budget-writing session is usually pretty hectic, and this one had plenty of surprises as lawmakers tried to find ways to generate more tax revenue while simultaneously reducing funding for agencies and departments.
Fledgling Gov. Mike Braun ju...