Indiana legislative leaders have reached a tentative budget deal.

House Speaker Brian Bosma says budget negotiators have worked out differences on major issues. They plan a budget committee meeting later today to outline details of the $28 billion plan.

Republican House Ways and Means Chairman Jeff Espich says the budget will give schools slight funding increases and leave the state with more than $1 billion in reserves.

Lawmakers said they were working on a hybrid plan to merge House and Senate proposals on what to do with extra state money. The House wants a taxpayer refund, while the Senate wants to pay down unfunded pension liabilities.

(Information for this story came from the Associated Press)

Rick Howlett is host of WFPL's weekly talk show, "In Conversation."