State faces $700 million shortfall

The 116th Indiana General Assembly convened Jan. 7 and, by law, must adjourn by April 29. State lawmakers will spend the next few months deliberating on many issues. However, the most challenging will be crafting a new two-year state budget during an ever-worsening economy.

The state currently faces a shortfall of more than $700 million for the current fiscal year. This will make the work of this session the most challenging in decades.

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