Daniels Announces More Budget Cuts

Indiana Governor Mitch Daniels says a continuing decline in tax revenue has forced the state to impose more spending cuts. Daniels announced Friday that Indiana will cut $150 million in funding for state colleges and universites to close the budget gap. He says university leaders will work with the commission for higher education in deciding […]

State Revenue Forecasts Due Out Tomorrow

From Kentucky Public Radio’s Tony McVeigh Some new state revenue forecasts on which a special session of the Kentucky General Assembly may be based will be announced today in Frankfort. Last week, the Consensus Forecasting Group took a look at the leading economic indicators, which were generally gloomy. Now, the independent panel of economic experts […]