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Branstad’s budget shortfall raises red flags

Iowa’s economic and revenue growth has been stolen by a corporate property tax cut deal and other handouts and giveaways signed into law last year by Governor Terry Branstad, forcing the state to dip into surplus funds to cover expenses, and that’s before badly needed new appropriations in education, environmental protections, and infrastructure are considered, according to a comprehensive new budget analysis by the Iowa Policy Project released on January 13 and interpreted by Iowa Citizens for Community Improvement Action Fund (Iowa CCI Action Fund) members.

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