Debate Over Indiana ED Plan Continues

Will Indiana Gov. Frank O'Bannon's aggressive ED proposal survive? The governor's 10-year, $1.25 billion economic development plan is on the ropes. And Republican lawmakers may deliver the knockout punch today.The Senate Finance Committee will strip most of O'Bannon's Energize Indiana initiatives from House Bill 2008. It will substitute a two-year, $68.1 million plan that doesn't rely on the sale of tobacco bonds to generate up-front cash, a key component of O'Bannon's proposal.

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