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Friday, April 28, 2017
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  • Chairman Soliday lauds 20 year road plan tax hikes
    "It's the right thing to do and we're not leaving a lot of debt for our kids. All in all, it's an investment that is going to pay off for everybody who travels." - House Transportation Chairman Ed Soliday, on the unusual role General Assembly Republicans played in raising gas and diesel taxes to pay for the 20-year road and infrastructure plan. It will pump $5 billion into Hoosier roads over the next seven years and more than $20 billion over the next two decades. Gov. Eric Holcomb signed HEA 1002 on Thursday, promising, "You are going to smell asphalt morning, noon and night."

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  • Trump tax reforms and deficit hawks
    Vice President Mike Pence, deficit hawk. Rep. Todd Rokita, deficit hawk. Rep. Luke Messer, deficit hawk. President Trump? Deficit chicken hawk. His one-page tax reform plan could add $7 trillion in debt over the next decade. Analysts believe the economy would have to grow at a 4.5% annual rate, something it hasn’t done in decades. Treasury Secretary Steve Mnunchin says the plan will pay for itself. Really, Steve? Really? President Reagan said he could cut taxes, raise defense spending and balance the budget. Two outta three came true. Where will our deficit hawks perch? - Brian A. Howey, publisher

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Trump taxes

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