House Republican Leader Kraig Paulsen (R-Hiawatha) issued the following statement following the December meeting of the Revenue Estimating Conference:
“The newest estimate by the REC is not surprising. The real budget mess is how much money was spent during the last two years. Even after Gov. Culver made the across the board cut, for every dollar of revenue that came in, $1.13 was spent. To put it into perspective, if you were making $50,000 a year, that would be like putting $6,500 on your credit card. Iowa continues to have a spending problem.
“House Republicans are already coming up with new ideas for sensible budget saving legislation which we will bring forward in January.”