President Biden visited Chicago this week to attempt a revamp of his economic message, now officially called "Bidenomics."

It was an interesting location choice: a city experiencing years of record-breaking crime causing residents and businesses to leave in a state with high taxes causing residents and businesses to leave. 

A Democrat success story, apparently. 

Over the course of a 40-minute speech on the economy, he only mentioned inflation a grand total of four times. Seeing that inflation has become the hallmark of his presidency, I found that just a little odd.

In fact, since taking office up to April of this year, inflation has increased a whopping 16.3%. Of the previous seven presidents, only President Carter had a higher number.

That is "Bidenomics."

And may explain why only 34 percent of Americans approve of his handling of the economy.

Sincerely,

Chairman Kyle Hupfer

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Governor Eric Holcomb talks with Evansville Mayor Lloyd Winnecke during a luncheon in Evansville last Friday.

Late last week, Governor Eric Holcomb was in Evansville to attend the Evansville Regional Economic Partnership luncheon. He was joined on stage by Republican Mayor Lloyd Winnecke to discuss Indiana's investment momentum and advancing quality of life around the state.

The takeaway: Communities like Evansville are looking to capitalize on this momentum, but the focus of the conversation zeroed in on fostering more attractive communities and building infrastructure to support the development that is, will, and can occur.

• "He [Gov. Holcomb] wants the state improve its amenities, show its competitiveness on the national stage and continue creating employment opportunities," noted Inside Indiana Business.

Indiana is 'READI' for more: The state's Regional Economic Acceleration and Development Initiative (READI) is a key part in making this happen. 

• With an additional $500 million allocated to the program in the newest budget, the state is gearing up to launch READI 2.0.
• The first $500 million leveraged an additional $9 billion — that's billion with a "b" — from non-profits, corporations, and government entities, with nearly half of that going toward housing development.
• “We can do those kinds of projects all over the state of Indiana,” Gov. Holcomb told Inside Indiana Business. “What that creates is a real need for a skilled workforce in the construction trades primarily, and the raw materials to make sure that we can accommodate that type of that type of growth."

MORE: Yesterday, Gov. Holcomb appointed Judge Paul Felix to the Indiana Court of Appeals, noting his "dedication to the rule of law" and "compassion for equal access to justice." 

From WISH TV:

"INvets, a nonprofit organization that matches veterans and their families with critical Indiana career opportunities, announced last week that the state of Indiana is awarding INvets additional funding to celebrate the program’s rapid success and support its future expansion. With annual funding now double that of previous years, INvets can further accelerate its mission to cultivate the state’s veteran workforce through meaningful employment.

"Since launching in 2020, INvets has registered 10,000 users and helped more than 1,000 veterans and their families kickstart rewarding careers."

Story continues.

As part of our internship program, we normally bring in industry leaders, elected officials, past interns, and others to share insights about the world of Hoosier politics.

But last week, First Lady Janet Holcomb gave our summer interns a tour of the Governor's Residence and talked with them about her experience as first lady.

Join us: Know a college student who may be interested in joining us this fall as the election cycle heats up? Send them here to learn more and apply.

From The Washington Examiner:

"House Speaker Kevin McCarthy (R-CA) said he would open up an impeachment inquiry into Attorney General Merrick Garland if the whistleblower allegations about the Department of Justice's handling of the Hunter Biden criminal investigation turn out to be true. While Biden plans to plead guilty to three federal charges, Republicans in Congress are livid at what they perceive as 'preferential treatment' of the president’s son."

"On Friday, Garland denied the allegations made by the whistleblowers."

Story continues.

The bill: HEA 1002 (education and workforce development), signed May 4, 2023.

The details: HEA 1002 will create Career Scholarship accounts for students to pay for certification training, internships, apprenticeships, and other forms of work-based learning. 

• The bill will also allow for this training to count for high school credit.

The bill will also provide employers with qualified applicants who are ready to enter the workforce in their chosen profession soon after high school graduation.

President Biden often likes to tout that he “created” 13 million jobs. Clearly, he has no idea about the difference between a job recovered and a job created.

The facts: The United States has seen a net gain of roughly 2 million jobs since right before the pandemic struck.

• In February 2020, before the pandemic hit, 158.7 million people were employed in the United States.
• Currently, as of May 2023, 160.7 million people are employed in the United States.
• Republican-led states are the ones creating jobs and leading the economic recovery.
  • The latest state jobs report shows that eight of the top 10 states for jobs recovered since the coronavirus pandemic began are led by Republican governors, and all 10 states have Republican-controlled legislatures.

What is true? President Biden did create 40-year high inflation.

July 21: Knox County Golf Outing

July 22: Adams County Ronald Reagan Ice Cream Social

Events past these dates are available on our website and will be added to the newsletter as we get closer to them.

Governor Eric Holcomb celebrates partnership with Rolls-Royce on Bell V-280 aircraft engine manufacturing

Lt. Gov. Suzanne Crouch announces Indiana to receive $868 million for reliable broadband connectivity

Secretary of State Diego Morales speaks at Indiana County Clerks Annual Conference

Attorney General Todd Rokita denounces Larry Fink and ideological investing

State Comptroller Tera Klutz announces office to become "State Comptroller"

Treasurer of State Daniel Elliott honors veterans at Morgan County Antique Machinery Association and Stability First convention

U.S. Sen. Todd Young introduces “Yes In My Backyard” Act to combat housing affordability crisis

U.S. Sen. Mike Braun joins Senator JD Vance to press the FDA on drug shortages affecting older Americans

Congressman Rudy Yakym highlights Lacasa, Inc. on work to promote financial stability and supply affordable housing

Congressman Jim Banks hosts Northeastern Indiana Defense Summit at Purdue Fort Wayne

Congressman Jim Baird meets with Prime Minister Netanyahu to discuss partnerships with Israel

Congresswoman Victoria Spartz visits Inupiat Heritage Center in Utiqiagvik, Alaska

Congressman Greg Pence connects with cabinet on agricultural issues

Congressman Larry Bucshon surveys tornado damage in Martin county

Congresswoman Erin Houchin releases statement on mobility loss in hospital patients

PAID FOR BY THE INDIANA REPUBLICAN STATE COMMITTEE. NOT AUTHORIZED BY ANY CANDIDATE OR CANDIDATE'S COMMITTEE. WWW.INDIANA.GOP.