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How did Daniels balance the state budget?

  • Raising sales tax

  • Implementing austerity

  • Borrowing funds

  • Creating a lottery

Answer

By resorting to austerity measures such as spending cuts and tax increases, Mitchell Daniels managed to balance Indiana’s state budget during his tenure as Governor from 2005 to 2013. Inheriting a substantial budget deficit, he adopted significant cost-saving policies resulting in a budget surplus by the time he left office.
Purdue University President Extraordinaire: The Unstoppable Mitch Daniels

Purdue University President Extraordinaire: The Unstoppable Mitch Daniels

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