Porter proposes ideas to remedy budget deficit, Supermajority conducts negotiations behind closed doors
Today, April 21, members of the General Assembly held a conference committee on House Bill 1001. Legislators are facing a $2 billion deficit for the biennial budget. State Rep. Gregory W. Porter (D-Indianapolis) proposed Amendment 97, providing additional revenue sources.
“Conference committees are where bipartisanship and transparency die,” Porter said. “The supermajority is plowing ahead without input from Democrats. During the 2009 crisis, both parties discussed solutions. This time, Democrats weren’t invited to the table. Instead, they sat us at the kids' table.
“We have a massive deficit on our hands. This is not the time for universal vouchers or giving more money to virtual charters. This is not the time to protect large corporations–this is the time to help Hoosiers. House Democrats are focused on preserving K-12 education, public safety and public health. I want to take care of people during this time of uncertainty.
“Today, I proposed increasing the cigarette tax to $2 to raise $800 million, which was included in my initial budget proposal. We should also delay the individual income tax cuts, freeing up an additional $300 to $400 million. We received an influx of dollars during COVID-19, so we put an extra $3.7 billion into the Pension Stabilization Fund. If we use portions of that money, Indiana could free up $1 billion each year. Some more creative solutions are a small sugary beverage tax, increasing the alcohol tax or eliminating the free play gaming concept.
“We should exhaust all potential streams of revenue before making cuts. Let me also remind the majority: there’s one glaring reason for this forecast change from December to April. This is the time to help Hoosiers, not enact sweeping cuts that leave Hoosiers out in the cold.”