[r85] Rep. Pond Endorses Budget Proposal (6/2/2009)

Tuesday, June 2, 2009

Start Date: 6/2/2009 All Day
End Date: 6/2/2009

STATEHOUSE - State Representative Phyllis Pond (R-New Haven) endorsed Gov. Mitch Daniels' budget proposal, saying it protects taxpayers, supports public education and public safety, and maintains a healthy state reserve balance.

"This budget portrays how Indiana should be spending Hoosier tax dollars," said Rep. Pond. "Not raising taxes will help Indiana make it through the recession. Hoosier pockets would be protected if this budget proposal is used as a guide."

Gov. Daniels gave the people of Indiana a glimpse of his proposed budget and Rep. Pond supports the principles contained in the budget proposal, which include:

  1. PROTECTING TAXPAYERS through across-the-board spending cuts, except for K-12 education and public safety. This ensures the state will live within its means while protecting against future tax increases.
  2. CREATING JOBS by an investment of $1 billion in road and bridge projects, paving the way for investment and expansion in Hoosier hometowns across our state.
  3. PROTECTING EDUCATION. Most schools will see an average increase of 2 percent over the biennium, and all school corporations will get more money per child than they receive today. In addition, should state revenues exceed the amounts forecasted, an "education trigger" would automatically invest $1 for every $2 of excess revenues received.
  4. MAINTAINING HEALTHY RESERVES. The plan also calls for preserving $1 billion of the state's emergency funds to help keep Indiana fiscally strong during these difficult economic times.

Here is what Gov. Daniels' proposal avoids:

35 states are cutting education.
40 states are raising taxes.
31 states are doing both.

 

Under this budget proposal, Indiana is doing neither.

 

"I look forward to going into more detail with the budget," said Rep. Pond. "I will do my best to protect our community by responsibly spending our tax dollars and preventing any new taxes during an already tough economy."