Senate Leader Explains Legislature's Approval Of Slimmed Down Income Tax Cut (VIDEO)

By Jeff Neumeyer

April 30, 2013 Updated Apr 30, 2013 at 5:58 PM EDT

INDIANA (www.incnow.tv) --- Delivering tax cuts while protecting a healthy budget surplus.

The head of the Indiana Senate championed that accomplishment and others, in reviewing the 2013 legislative session that wrapped up Saturday.

Senate President Pro Tem David Long knows that Republicans had all the power this past session, but they were on the hot seat as well.

Republicans enjoyed supermajorities in both the house and senate, and Republican Mike Pence holds the governor's seat too, so if anything went wrong down at the statehouse, the GOP was definitely going to get the blame.

Senate leader David Long of Fort Wayne says rather than blame, the legislature celebrated victories, such as new spending on road projects, a workforce development initiative designed to improve the state's jobs picture, and income tax cuts for Hoosiers while maintaining a $2-billion budget surplus.

Governor Pence wanted a ten percent income tax cut, but lawmakers insisted on a lesser cut, phased in over a period of years.

" The April 16th revenue forecast came out okay, a little questionable, but it was enough for us to give another additional increment that the governor was asking for. We did it and we staged it out far enough that we'll be able to handle any, we think, hiccups in the economy, if that happens," Long said.

Looking ahead to next year’s General Assembly, Long expects Purdue University’s fiscal stewardship of IPFW in Fort Wayne to come under more scrutiny.

Long says the issue will be studied this summer.

He thinks Purdue is not doing the best job running the business side of IPFW, and he's expecting its leadership to be put under the microscope in the 2014 session, with the possibility of operational changes being ordered.




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