More from: deficit spending

Hoosiers asked to consider constitutional amendment

From Dave Heine <house_republicans@subscriptions.iga.in.gov> in email today:

This election, Hoosier voters will decide through Public Question #1 if the Indiana Constitution should be amended to require the state legislature to enact honestly balanced state budgets. Although Indiana has maintained a balanced budget over the last seven years under conservative leadership, this proposed amendment would add an additional constitutional safeguard to prevent future legislatures from deficit spending gimmicks or passing debt on to our children and grandchildren.

It would also specifically require state lawmakers to prioritize pre-funded pensions before making other budgetary decisions. These added protections will not impact pre-funded pensions for firefighters, teachers and police officers, as confirmed by the Indiana Public Retirement System and by the professional organizations that represent teachers and public safety officers.Maintaining our fiscal integrity will help Indiana continue to thrive.

To read the full question as it will appear on the ballot and the proposed amendment in its entirety, click here. The Indiana Retired Teachers Association also provides facts to correct rumors and misinformation, while the Indiana Public Retirement System has prepared a Q&A that can be found here.