January 14, 2021

GOP Legislative Leaders Not Totally Sold On Holcomb's Spending Proposal

Original story from   IPBS-RJC

Article origination IPBS-RJC
Senate President Pro Tem Rodric Bray (R-Martinsville), left, and House Speaker Todd Huston (R-Fishers), right, speak to reporters. - Brandon Smith/IPB News

Senate President Pro Tem Rodric Bray (R-Martinsville), left, and House Speaker Todd Huston (R-Fishers), right, speak to reporters.

Brandon Smith/IPB News

Indiana Republican legislative leaders aren’t totally sold on Gov. Eric Holcomb’s proposal to spend nearly three-quarters of a billion dollars this year to pay down state debt instead of direct relief for Hoosiers struggling during the pandemic.

Holcomb’s proposal would spend $702 million out of budget reserves this year to pay down debt on capital projects, highway construction and a teacher retirement fund. That frees up money in the future, long a priority for Republicans.

READ MORE: Holcomb's Proposed Budget Spends One-Time Money To Pay Down Debt, Not Direct Relief

Senate President Pro Tem Rodric Bray (R-Martinsville) said it’s nice to be able to have that kind of debate in a year when so many other states are struggling financially.

“Trying to make sure that we get Hoosiers back on their feet and help those that are really struggling is going to continue, of course, to be a priority,” Bray said.

House Speaker Todd Huston (R-Fishers) said spending reserve dollars needs to be a balance.

“We’re going to lean in to supporting our small business partners," Huston said. "We’re going to lean in to supporting our law enforcement agencies.”

House Republicans will soon propose spending $180 million this year for small business assistance and summer learning programs.

Contact reporter Brandon at bsmith@ipbs.org or follow him on Twitter at @brandonjsmith5.

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

 

Related News

Lawmakers Debate Guidelines For Small Business Recovery Money
U.S. Sen. Todd Young Officially Launches Reelection Bid
Experts, Organizers Weigh In On The Potential Consequences Of 'Rioting' Bill On Protests