Posts Tagged ‘Iowa Budget’
Republicans Pull the Plug on Job Creation
House Republicans released their budget for the 2013 year and it hits the state's job creation efforts and education especially hard. Here's the response from House Democratic Leader Kevin McCarthy: The Republican budget will pull the plug on our job creation efforts next year. House Democrats are committed to strengthening our economy and [...]
Iowa Senate Democrats to Hold Open Budget Meetings
The Iowa Senate Democrats announced today they will host a week-long series of “Open Budget Hearings” next week at the Iowa Statehouse. Informed Iowans are schedule to speak on the impact of the significant points of disagreement between Senate Democratic proposals and those of Governor Branstad and House Republicans. The Open [...]
State Budget Estimates Continue to Grow
The Revenue Estimating Conference (REC) held their quarterly meeting on Friday and increased their revenue estimate for FY 2011 from 3.1% to 3.9% . The increase in the revenue estimate represents a $48.6 million increase in revenues from their previous estimate. Two of the three REC members were very bullish on the strength of Iowa’s economy, [...]
2010 Session Begins: Balanced Budget, Jobs Top Priorities
The 2010 legislative session opened on Monday, January 11th at the State Capitol. House leaders said the session will focus on help for middle class families and small businesses. Priorities include balancing the budget without raising taxes, creating good-paying jobs, strengthening Iowa schools, and making government more accountable and [...]
State Revenues Drop; 10% Budget Reduction
In light of declining state revenues due to the national economic recession, Governor Culver took swift action last week to cut state spending and keep the state budget balanced. The Governor ordered a 10% across-the-board cut, which is estimated to reduce the state's general fund budget by $565 million. The reduction came after the [...]