House Republican Leader Kraig Paulsen (R-Hiawatha) released the following statement regarding the Revenue Estimating Conference newest report on Iowa’s revenue.
“The news from the Revenue Estimating Conference, while troubling, is not surprising. Gov. Culver signed the largest budget in the history of Iowa and his $1.7 billion borrowing plan has not worked. The out-of-control spending and lack of fiscal discipline expressed by legislative Democrats has caused the economic mess Iowa is currently in.
“Even though we face economic turmoil, House Republicans remain ready to offer cost-saving measures, oppose tax increases, and increase transparency in state government budgeting.”