Iowa House Leader Says More Budget Cuts Loom
October 29, 2009, 2:22 PM
Attention has been focused on Governor Chet Culver's plans to cut $565 million from the state's budget, but legislators say they'll probably have to make an equally large cut to the following year's budget.
House Majority Leader Kevin McCarthy on Thursday speculated there would be at least a $500 million shortfall in the fiscal year beginning July 1.
McCarthy says the reality is that officials will have to cut more due to a slow economy that has caused tax revenue to plunge. Although the national recession could be over, Sen. Bob Dvorsky, who heads the Senate Appropriations Committee, says Iowa typically lags behind national economic trends and could face problems even while other states see improvements.
© 2009 Associated Press. All rights reserved. Material may not be redistributed.
11/22/2014 7:09 AM
South Dakota authorities are searching for a Sisseton man following a shooting early Saturday morning that left four people dead and another person in...
11/16/2014 1:35 PM
Authorities have released the name of the person who died in a crash on Interstate 29 near Brookings on Saturday.
11/22/2014 10:40 AM
Colter Richard Arbach has been located and identified as one of the four people shot and killed this morning in Sisseston.
11/19/2014 4:59 PM
She's already admitted to running a large marijuana ring, now Faith Rasmussen is accused of arranging a deadly robbery.
11/19/2014 2:17 PM
A legendary country music star gives support to a Sioux Falls family while their teenage daughter was in a Minneapolis hospital last week.