To think that I had given Iowa Republicans credit for not destroying our state economy like Kansas. It appears that they were challenged by their Kansas brethren, and replied, “Hold my beer and watch this.”
This shell game plan is simple. Paint a picture of burgeoning coffers followed by whopping tax cuts. When receipts fall short in the following budget year, make profound budget cuts to education and basic services. End the year with another overly optimistic view of a glorious, burgeoning state economy, cut taxes, and the game goes on and on until education, health care, courts, and basic services are destroyed while CEOs giggle about their super-citizenship rights with no responsibility or accountability to society.
Having created four budget deficit crises in the past year, Republicans have the audacity to race a proposal through committee to shaving billions more from the budget. Kansas taught them a valuable lesson. Obfuscate the budget deficits via a never-ending shell game.
These corporate giveaways cost more than $500 million annually, and turned a $900 million surplus into a $250 million deficit last year. Time to stand up and ensure that Iowa Republicans know Iowans are not as slow, nor as easily fooled as our Kansan cousins. It is past time that Iowans balance the state budget, while maintaining education and basic services. Long-term solutions to the state’s budget problems are better answers than simply following the American Legislative Exchange Council playbook for destroying state economies.