Culver claims budget surplus less than two weeks before 10% across-the-board cut
FOR IMMEDIATE RELEASE: Thursday, October 7, 2010
Contact: Tim Albrecht (515) 491-2722
Culver claims budget surplus less than two weeks before 10% across-the-board cut
(CEDAR RAPIDS) – The Governor Branstad campaign tonight released the following cites in light of Gov. Culver claiming a “budget surplus”.
Sept 25, 2009: Gazette – Culver: Iowa budget balanced, no state tax hike
http://www.easterniowagovernment.com/2009/09/25/culver-iowa-budget-balanced-no-state-tax-hike/
“In spite of the economic challenges brought on by the world-wide recession, and a projected shortfall for the fiscal year 2011 budget, Iowa not only has a balanced budget for fiscal year 2009 but a budget surplus of well over $450 million for the current fiscal year,” Culver said.
October 8, 2009: Governor Culver’s Statement on Cutting the Budget Across-the-Board by 10 %
http://www.governor.iowa.gov/index.php/press_releases/single/75/
DES MOINES –Governor Chet Culver announced today that he is implementing a 10% across-the-board cut to state government spending. (A revised state budget can be downloaded here.) The cut is in response to yesterday’s unanimous Revenue Estimating Conference projection of declines in state revenue of 8.4%, or $414.9 million. The Governor’s statement, delivered this afternoon at the Iowa State Capitol, is below.
For more information on tonight’s debate visit www.governorbranstad2010.com/debate
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Read more at Branstad for Governor
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