Hoosier taxpayers will get some income tax cut Governor Pence has been calling for - sort of. Indiana House and Senate Leaders announced Thursday they've agreed on a new two year budget for the state, and it'll be voted on today in the final day of legislative activities. There's language in the bill that will give Hoosiers 3 percent off their income taxes starting January first 2015, and another 2 percent on the first day of 2017. Lawmakers point out the deal includes inheritance tax repeal, and an already planned cut in corporate income taxes - boasting the mix of tax cuts is something few other states in the country can claim. Governor Pence called the plan a win for Hoosiers. Democrats say the income tax cut amounts to roughly $114 a year for the average family - not much of a stimulator for the economy. The new budget does pay for, however: full Medicaid coverage for prenatal care, a $215 million per year increase for roadwork - plus another $200 million in reserve for future work, $35 million for additional caseworkers at the DCS, and a an estimated two billion dollar reserve in state accounts.
Up to the minute weather from our partners at Eyewitness News.
There is an active Amber Alert when this graphic is flashing