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Thank you for visiting INvest.in.gov. The American Recovery and Reinvestment Act signed by the President will send unprecedented amounts of funding to states designed to stimulate the economy and to help those states with severe budget crises. Because we've been more careful about state spending, we've been able to balance our budget, repay all debts, and build strong reserves, so Indiana is in a different fiscal position than many other states. We still face difficult times, but we are holding our own and maintaining vital services that have been slashed severely in other states.
My direction to our team has been simple: jobs, speed, prudence, and long-term value. We will use these dollars to put Hoosiers to work quickly. We will use them carefully, making sure to protect education and other services in the years after these one-time funds stop coming. And whenever possible, we will use them to create assets of lasting value: roads, bridges, buildings, but also better prepared teachers, more energy efficient homes, and so on.
We must never forget that Washington does not have the money it is now beginning to distribute. The federal government will be borrowing it, and our children will inherit the bill. Our duty to use it wisely and efficiently is therefore a very solemn one.
This website will be maintained to keep Hoosiers fully informed about uses of federal stimulus funds. You are invited to check it often.