DES MOINES, Iowa — Iowa House Republicans proposed a $6 billion budget Thursday that calls for $347 million in spending cuts — a far more aggressive approach than those advocated by Gov. Terry Branstad and Senate Democrats.
The package for the fiscal year that begins July 1 includes $383 million that would be available for tax relief. A school spending package already approved by the House uses $47 million of that to lower property taxes.
Branstad has submitted a budget that would spend $162 million more than the House Republican plan, and Senate Democrats, who hold that chamber's majority, would spend $388 million more.
``This is an honest, transparent budget that is sustainable,'' said Rep. Scott Raecker, R-Urbandale, chairman of the House Appropriation Committee.
House Speaker Kraig Paulsen said the plan calls for the state to reduce spending by about 5.5 percent. If the budget were approved, the state would spend less than it collected in taxes.
The Republican plan sets the target for state spending. Details of how the state will spend the money will be determined through a series of budget committees in the next few weeks.
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``We didn't write the budget today, we set the targets,'' said Raecker.
Before the budget can be sent to Branstad, it must also be approved by the Senate.