Approaching the Halfway Point |
The first bill of the 2023 legislative session has been signed, and with important deadlines approaching (and some having already passed), next week is shaping up to be a busy few days for legislators at the statehouse.
SB 2, the first bill signed by Governor Holcomb, will enable small business owners who file individual income taxes to fully deduct their state tax payments from their federal taxes, allowing each one to potentially save hundreds or even thousands of dollars in federal taxes. These businesses are essential to our state's economy, and this legislation is another step forward in our efforts to foster and promote a business environment that encourages growth and supports our Hoosier entrepreneurs.
As you can read further down, many of the priority bills of our Republican caucuses and Governor Holcomb continue to move through the legislative process, passing out of committees and onto chamber floors. Collectively, these bills focus on cutting taxes, making historic investments in education, strengthening public safety, reaffirming parental rights, protecting Hoosiers' data privacy, and more. There's still a long time to go, but Republican legislators are hard at work, set to again deliver results for Hoosiers. And as Governor Holcomb has said about the session so far, "We came out of the gate strong." Enjoy this week's newsletter and share it with a friend. Sincerely, |
|
|
Governor Holcomb's Week That Was |
|
|
Visiting Valparaiso, Celebrating Success |
|
|
Governor Eric Holcomb speaks to students at Valparaiso High School. |
This week, Governor Eric Holcomb visited Valparaiso High School to celebrate its football state championship and to present them team with a congratulatory resolution authored by State Rep. Ed Soliday and State Sen. Ed Charbonneau. Afterward, he toured many of the school's STEAM classes and facilities.
"Thank you for making history," Gov. Holcomb said to an audience of seniors and the football team. "Thank you for doing it the right way. Sometimes it's the long way, sometimes it's the hard way, but you did it the right way. And this, what you achieved, this will live on forever." Later in the day, he spoke with local media about Indiana's continued momentum and his role in telling the Hoosier success story. “Indiana is on a roll. We’re experiencing such positive momentum, and it didn't start yesterday. Over time, that stability, certainty, and continuity really breeds confidence.” — Gov. Holcomb During the discussion, Gov. Holcomb highlighted the importance of telling Indiana's story to our long-term economic succuss. “You’ve got to go out and share the good news," he stated. "We go all over the world. Foreign and domestic investment doesn't happen unless we're out sharing the good news and sharing our Indiana story.” |
We’re not letting up for a moment to elect Republicans up and down the ballot across Indiana.
Our strong and united Indiana Republican Party got the job done to keep our great state dark red on November 8, 2022, and now is the time to prepare for the fights ahead.
You can help us do just that by signing up for a digital membership —you’ll receive a membership card in the mail and be an official part of our team of digital supporters that’s helping us keep Indiana a Republican stronghold. |
|
|
Another Busy Week at the Statehouse |
Bills continue to move out of committees at the statehouse, while others have moved from one chamber to the other. Priority Bills of House Republicans
This week, HB 1001 and 1002 passed the chamber. HB 1001 is the budget bill and HB 1002 would establish career scholarship accounts students could use to pay for workforce training such as apprenticeships, internships and coursework outside of their school corporation. So far, HBs 1005, 1006, and 1007 have passed. Other priority bill have cleared committees and are on a second or third reading.
Priority Bills of Senate Republicans
This week, SB 4, passed the chamber. SB 4 would establish the Local Public Health Fund grant to support local health departments that voluntarily choose to provide additional public health services. Other priority bills have cleared committees and are on a second or third reading.
Many other bills are moving. To stay up-to-date, visit iga.in.gov and check back here next week. |
CNBC: Key Fed inflation measure rose 0.6% in January, more than expected
|
Somebody get President Biden some new talking points.
From the CNBC:
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank has more work to do to bring down prices.
The personal consumption expenditures price index excluding food and energy increased 0.6% for the month, and was up 4.7% from a year ago, the Commerce Department reported Friday. Wall Street had been expecting respective readings of 0.5% and 4.4%. The core PCE gains were 0.4% and 4.6% in December. Markets fell following the report, with the Dow Jones Industrial Average off around 500 points in morning trading.
“This morning’s strong inflation data continued the recent spate of market-unfriendly news. This could keep the policy rate higher for longer than the market had hoped, which in turn will likely pressure earnings,” said Matt Peron, director of research at Janus Henderson Investors.
Story continues.
|
If you know a college students that's interested in stepping into the world of Hoosier politics, we've got them covered.
We're looking for young, talented Hoosiers to join us at our headquarters in Indianapolis. This opportunity allows them to get hands-on experience working for Indiana's largest and most successful political organization, providing administrative support to staff and taking on special projects (and more) while helping build their resume, gain insight into the political and legislative processes, and make valuable connections. And we'll do this all while helping them earn college credit.
Have someone in mind? Send them to this link for more information and to apply! |
Upcoming Events Across the State
|
Governor Eric Holcomb celebrates National FFA Day
Lt. Governor Suzanne Crouch discusses Indiana's initiatives to tackle infant mortality
Treasurer Daniel Elliott meets with U.S. Sen. Mike Braun while in D.C.
Auditor Tera Klutz meets with Senate and House Republican interns
Secretary of State Diego Morales attends National Association of Secretaries of State meeting in D.C.
Attorney General Todd Rokita discusses his office's work against the new WOTUS ruling
Senator Todd Young launches Jobs, Innovation, and Security Tour around the state Senator Mike Braun hosts community discussion about the Main Street economy in Brookville
Congressman Rudy Yakym presents retired Colonel Gregg Hammond with his Army Commendation Medal Congressman Jim Banks calls out President Biden's weakness on China
Congressman Jim Baird tours Purdue University's state-of-the-art facilities
Congresswoman Victoria Spartz appointed to U.S. Commission on Security and Cooperation in Europe Congressman Greg Pence celebrates National FFA Week
Congressman Larry Bucshon meets with Fountain County commissioners to discuss workforce and economic development efforts
Congresswoman Erin Houchin holds call with IDEM and ORSANCO on East Palestine train derailment effects on water |
|
|
PAID FOR BY THE INDIANA REPUBLICAN STATE COMMITTEE. WWW.INDIANA.GOP. |
|
|
|
