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.
4/27/2015 6:45 AM
The plane carrying the pilot and three cattlemen returning from Hereford, Texas to Gettysburg crashed one year ago today.
5/2/2015 2:11 PM
A Hot Springs man convicted of raping a bridesmaid on his wedding night has been sentenced to more than seven years in prison.
4/27/2015 11:16 AM
After searching the vehicle, police found a backpack with 41.9 grams of marijuana with bags, scales, 2 pills of Hydrocodone, and a bottle of alcohol.
4/27/2015 10:00 PM
A living nightmare forces these four women to share a horrific bond.
4/30/2015 10:46 AM
Sioux Falls Police have made an arrest in an unsolved homicide.