$2.4 billion revenue drop leaves Indiana lawmakers with few options

Service cuts possible to close budget hole

INDIANAPOLIS (WISH) — Lawmakers on Thursday again said they will try to avoid cutting the most critical services to close a multibillion-dollar revenue gap.

State budget analysts on Wednesday afternoon announced they project Indiana will take in $2.4 billion less in revenue between now and the end of the 2027 budget year than had first been forecast in December. Those December numbers had been driving budget planning until now.

House Speaker Todd Huston, R-Fishers, said lawmakers will do everything they can to preserve K-12 education funding. He also indicated legislators will try to minimize cuts to the most critical programs…

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