Comments on Advance Indiana™: State Ends Fiscal Year With $500 Million Surplus, Promises Rebates For All

If there were a surplus, the state should build a ...

2012-07-04T18:56:43.286-05:00

If there were a surplus, the state should build a new large-capacity Super-Max Prison to put the criminals in!

-Perhaps hire Joe Arpiao as a consultant.

This is a gimmick of Mitch Daniels. The state has...

2012-07-04T00:56:11.654-05:00

This is a gimmick of Mitch Daniels. The state has horrible debts to retirement funds and Unemployment funds. He is a loser.

I hate to burst your bubble Gary but we are facing...

2012-07-03T21:39:39.095-05:00

I hate to burst your bubble Gary but we are facing far more serious debt trouble than the local media lets on. The Teachers Pre-96 retirement fund has a $9 billion hole in it! We owe more than $2 billion plus to the federal government to bailout this states stupidity at managing their own Unemployment Insurance fund. In fact you point this out on a blog post back last August. So to say that we are not facing budget catastrophes like other states is nonsense! Our surplus exist only on paper! Which you also stated back last August.Employers are not going to just keep paying higher and higher taxes forever! We need to fix the trust fund and other unfunded liabilities now!

Why in the hell isnt the media needling Daniels ov...

2012-07-03T19:22:16.709-05:00

Why in the hell isnt the media needling Daniels over the unemployment trust fund? Oh the fund went broke four years ago in 2008 not two years ago. Does he really think that employers are going to just keep paying higher and higher taxes because of his mistake! Apparently the states only plan is to keep borrowing indefinitley from the feds. DWD even said in their UI Board meetings that the trust fund wouldnt be solvent again until 2018! That is unacceptable!