The Iowa Senate unanimously approved budget reform legislation this week. House File 148 limits the ability of a governor to transfer funds when the Legislature is not in session. Currently, Iowa governors have some of the most liberal transfer authority in the nation, potentially undermining the Legislature’s constitutional duty to write the state budget.
June 25, 2011
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The governor claims a two-year budget is essential to improving Iowa’s budget process. The facts, however, indicate otherwise. The track record of the last decade conclusively demonstrates that two-year budgets would actually increase uncertainty and miscalculation when it comes to Iowa’s budget. A historical analysis of non-partisan economic forecasts is below the fold.
April 21, 2011
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