With the legislature having overspent the Iowa budget by over $1 BILLION, the solution is simple for Iowa’s All-Star Cast. Watch the trailer for their new production, “General Assembly Musical.”
Immediately after gaining control of the legislature and Governor’s office, Chet Culver and the Democrats went on a binge spending spree and increased state spending by over a billion dollars, a 20% increase.
Now, Iowans are being asked to bail these politicians out by paying higher taxes. Just yesterday, Democrats announced they would eliminate the federal deductibility deduction, raising taxes by more than $600 million.
Both Governor Culver and Speaker Murphy say publically that we should not raise taxes during a recession. Privately, in the sanctuary of the Capitol, their story is much different.
They propose budgets that under-fund local governments and school districts, forcing them to either increase property taxes or fire teachers and other public service employees.
They eliminate federal deductibility, increasing taxes by $600 million.
They still need to find another half a billion of dollars to balance the 2010 budget, and trust us, they are looking at you Mr. and Mrs. Taxpayer.
And maybe the funniest thing of all is that the same people who got us into this mess by going on a spending spree now want to borrow another $750 million so they can keep on spending. And being true to form, Governor Culver’s staff compiled a list of thousands of projects that he thinks should be included in his bonding proposal, but he refuses to disclose the price tags of the projects. In fact, we are told he didn’t ask for that information…
Governor Culver, and his all-star cast will have written, produced, and starred in this most recent comedy. We no longer can just sit back and enjoy the show. It is time to change the channel.
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