Paulsen Issues Statement on Budget Projection

House Republican Leader Kraig Paulsen (R-Hiawatha) released the following statement today in regards to the Fiscal Year 2011 General Fund Budget Projection by the nonpartisan Legislative Services Agency:

“The projections released today reaffirm what House Republicans have been saying for the past two years, the irresponsible spending by legislative Democrats has left Iowans with a $1 billion problem. The government has spent too much, cut too little and borrowed even more which has caused the budget mess Iowa is currently in.

“Iowa does not have a revenue problem, it has a spending problem. House Republicans will continue to offer sensible cost-saving measures and stand firm against increased government spending and any form of a tax increase.”

The Issue Review outlining the spending gap for FY 2011 can be found at the LSA’s website:

http://www.legis.state.ia.us/lsadocs/IssReview/2010/IRDLR000.PDF

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