Indiana Governor Mitch Daniels says the state is weathering the recession better than its Midwest neighbors. Daniels made the comments during his State of the State address last night at the Indiana Capitol.
Daniels says Indiana’s budget problems aren’t anything compared to states like Illinois or Michigan.
The governor says Indiana’s economic problems can be dealt with better by reducing government spending.
DANIELS: Illinois’ fiscal problems is four times larger than ours. Arizona’s, five times. California’s, six times. Through the discipline of legislators on this floor, Indiana stands in a position very different from virtually all our sister states.
Daniels also thanked legislators for approving a proposal allowing Hoosier voters to decide this fall whether property tax limits for homeowners and businesses belong in the state constitution.
State law now limits property tax bills for homeowners to one percent of a home’s value. Opponents say the caps hurt local government.