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Senate passes $46.8 billion two-year budget after hours of debate
Summary
The Indiana Senate approved House Bill 10 01, the two-year state budget, after hours of debate over Medicaid costs, school funding and reserve levels. The bill passed 40-9 on third reading.
Senators approved a $46.8 billion, two‑year state budget after a day of debate over Medicaid growth, K‑12 funding and the size of the state’s reserves.
Senator Mischler presented the package on the Senate floor and repeatedly described the bill’s trade‑offs in blunt, numeric terms. “So, we have a $46,800,000,000 budget,” Mischler told the chamber as he reviewed spending for K‑12, Medicaid and higher education.
Why it matters: The bill frames next two years of state policy—how much the state will pay for schools, Medicaid and public safety—and sets the baseline for later adjustments when the revenue forecast is released. Lawmakers across the ideological spectrum…
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