This is the third time we have seen a budget shortfall for Fiscal Year 17. Economic prosperity and fiscal responsibility can only return if Governor Reynolds and Republican legislators start working in a bipartisan way to make smart investments in Iowa workers and their families.
Now, instead of ending huge giveaways to out-of-state corporations, Governor Reynolds and legislative Republicans hope a steep, multi-year ‘tuition tax’ on Iowa students will balance Iowa’s busted state budget.
“Iowa is not in a recession. Iowa is experiencing slow revenue growth because the policies of Governor Reynolds and legislative Republicans are out of whack. Delaying tax refunds for Iowa families and other gimmicks will not solve this budget mess. Republicans must stop showering tens of millions on large tax giveaways to out-of-state corporations. These tax giveaways now top $500 million annually and are the fastest growing part of the state spending.
Open letter to Governor Reynolds urging her to convince President Trump to make sure Iowans can keep their health insurance, to protect rural hospitals and health care providers, and to prevent a devastating blow to Iowa’s economy by opposing Republican health care legislation.
“Iowans deserve a tax system that is fair to everyone, not just the special interests,” Jochum said. “Because of the state’s cobbled together tax policies, many Iowans believe the system is rigged against them. Iowans deserve a tax system that works for all of us and increases prosperity for more Iowans.”
The budget plan released today by legislative Republicans is terrible news for Iowans. Republicans are once again balancing the budget on the backs of working Iowans. Senate Democrats will not support drastic cuts that threaten public safety, the quality of education, and the safety net for seniors, children and vulnerable Iowans.
Branstad and Reynolds were elected based on two promises: Raise family incomes by 25% and create 200,000 new Iowa jobs within four years. They failed and made life worse for Iowa families and their communities.
If the Legislature approves anything less than 4 percent and 4 percent, more rural schools will be forced to close and consolidate. That would be devastating for the small towns in my district, and for hundreds of school districts in small towns across Iowa.”
Bolkcom: “The Republican proposal unveiled today sends the wrong message about the future of our state. The budget slashing by Governor Branstad, Lt. Governor Reynolds and Republican legislators leaves the fastest growing part of the state budget off the table: excessive tax credits. It is time to drain the swamp.”
On January 13, 2017, the Associated Press organized a pre-session news conference with with the leaders of the Iowa Legislature and Governor Branstad. The meetings were livestreamed on the Iowa Senate Democrats’ Facebook Page.