As Governor Reynolds signed $35 million of budget cuts in to law this week, it is looking more and more likely that lawmakers will be working overtime to close out the 2018 legislative session.
Since the budget has been in deficit for two years in a row, one of the major hold ups is Republican leaders at the Statehouse trying to balance next year’s state budget while paying back the $144 million in debt they had to borrow last year.
The impact of the latest round of budget cuts will be felt hardest by Iowa’s most vulnerable citizens as well as students at community colleges and state universities. Lawmakers knew the cuts would be needed since last fall, but waited until the final months of the state’s fiscal year to approve them. If the same timeline is used for crafting the state’s budget for the upcoming year is any indication, Iowans who depend on vital services could be left in limbo in the coming months.
Hard-working Iowans who craft a budget every month for their family know and expect lawmakers to use the same principles that they do every month. So far Republican lawmakers have failed to live up to the expectations of Iowans, by running the state’s budget on a credit card and putting corporate tax cuts before everyday Iowans.