“The budget targets released today by the Republican leaders of the Iowa House would be a devastating blow to Iowa’s families. House Republicans appear determined to needlessly deny opportunities and essential services to Iowans young and old.
“Senate Democrats have sensibly compromised by agreeing to a general fund spending total of a $7.341 billion, the same total called for by Governor Branstad and $149.1 million below the state’s 99 percent expenditure limitation.
“Our number one goal is making Iowa’s middle class larger and more secure. We remain committed to strategic investments that will help Iowa workers gain new skills, improve our local schools, and grow Main Street businesses.”
(Millions)
Iowa’s 99% Expenditure Limitation: $7,490.01
Total Appropriations Proposed by Governor and Senate: $7,341.00
Amount Senate and Governor are below the expenditure limit: $149.10
Total Appropriations as a percent of state revenues: 97.0%