Wednesday, May 24, 2023

Money, illusion and the state budget - Indiana Capital Chronicle

Money, illusion and the state budget - Indiana Capital Chronicle

It's all an illusion. During periods of even low inflation, the legislature chose to increase budgets at a pace slower than inflation. (Getty Images)

It has been 40 years since Indiana last passed a budget under periods of high inflation. Only a handful of legislators were out of their 20s during the last bout of serious inflation and many in leadership were still in elementary school.

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Publisher: Indiana Capital Chronicle
Date: 2023-05-24T11:00:15 00:00
Twitter: @INCapChronicle
Reference: (Read more) Visit Source



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