Why The Fed Went Big Last Week • Report Assesses Impact of Indiana’s Childcare Challenges for Employers, Workers • Braun Health Care Plan Builds Released • Indiana Lawmakers Consider New Legislative Ideas to Further Address K-12 Student Absences

1 Big Thing: Employers’ Big Hiring Pullback • Fed Keeps Interest Rates Steady. But Cuts Aren’t Far Off. • Weaker Labor Market Stokes Fears of a Downturn, Spurs Market Sell-Off • Playbook for Enhancing Indiana’s Mental and Behavioral Health Workforce

Braun Rolls Out Property Tax Relief Plan Calls for Caps • Indiana Finishes Fiscal Year with $2.6B in Reserves Plans Medicaid Deficit Fixes • Stakeholders From Around the State Gather to Address Infant and Maternal Mortality • Cigarette Tax Hike Would Help Ease State’s Medicaid Shortfall Leaders Say • Indiana Debate Commission Sets Governor’s Debate

7/22 Torchbearer Weekly Policy Update Thank you for letting us be your trusted source for local, state, and federal policy updates. Let’s dig in… Confused About High School Diploma Changes? We Explain the Proposal 1 big thing: Maybe the U.S. economy is holding up fine Indiana Revenues Fall Short of Budget Plan in 2024 Fiscal…