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Vote for budget amendment is vote for responsibility

OCTOBER 30, 2018 | by Brandt Hershman | INDIANAPOLIS BUSINESS JOURNAL

“A ballot question asks Hoosiers if they wish to place a requirement for a balanced budget into the Indiana Constitution. Our recent legacy of balanced budgets and existing debt prohibition language in the Constitution confuses many people about whether the language is needed. … It’s true that historic constitutional language prohibiting certain kinds of debt, namely capital debt to build structures, was enacted in 1851 … Access to financing to is essential for large infrastructure projects. However, the 1851 Constitution also allowed for “casual deficits in revenue. …”

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