Note to the press: Please include the following statement from Indiana House Speaker Todd Huston (R-Fishers) in your coverage of the revenue forecast announced today. The new forecast increases Indiana's revenue projections by $2.4 billion over the next 3 years:
STATEHOUSE (April 15, 2021) – "Just one year ago, the pandemic entered the ring and seemed to deliver a knockout punch to our booming economy. In a short period, our near record low unemployment of 3% skyrocketed to a record-breaking high of 17%. Now, Indiana is not only bouncing back, but winning the fight.
"Today's strong fiscal forecast is fueled by a number of factors, including an increase in job stability and opportunities, higher consumer confidence, a successful vaccine rollout and an influx of federal dollars into the economy. Our state's fiscal health proved to be tremendously resilient over the last year due in large part to the conservative leadership and fiscal responsibility over the last 15 years. We are in a fortunate position as this additional projected revenue provides a wide range of opportunities. We will continue to make smart, strategic investments, and keep our commitment to fiscal prudence and limited government as we conclude the budget process. I look forward to continuing to work with my legislative colleagues and Gov. Eric Holcomb to make sure Hoosiers come out ahead."
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