Despite forecasts showing modest growth each of the next two years, the Republicans who control the state's coffers say they're staying cautious.
Indiana could see its Medicaid costs rise by more than $600 million during the next seven years once the Affordable Care Act is implemented.
Indiana's economy appears to be improving, based on the latest jobs report, and that could foreshadow higher state revenues for next year.
Representative Tim Brown (R-Crawfordsville), who was chosen to lead the House Ways and Means Committee, is also a doctor.
Indiana legislators are trying to figure out what the Supreme Court's ruling on Medicaid means for the state.