News

Iowa Governor Terry Branstad Prepares for Economic Drop

Iowa Governor Terry Branstad Prepares for Economic Drop

Photo: WNAX


Uncertainty remains about the farm economy and Iowa’s future budget situation, causing Governor Terry Branstad to think over his options. Branstad ordered state worker furloughs and across-the-board cuts in the state budget during the depths of the Farm Crisis.

But, this time if Iowa’s economy craters and the state budget plan is headed toward red ink this fall or next winter, Branstad will call lawmakers back to Des Moines for a special legislative session…
*
Branstad says this is a “tough year, financially” for the state, as tax collections have failed to meet expectations…
*
And Branstad points to last week’s announcement that A-D-M may try to sell its ethanol plant in Cedar Rapids because of weak profits.

Recent Headlines

11 hours ago in Local

MATH EDUCATORS PUSH STATE BOARD TO KEEP CURRENT STANDARDS IN PLACE

SIOUX FALLS — Calls to retain South Dakota’s current math standards continued at the state Board of Education Standards meeting…

11 hours ago in Local

SENATOR ROUNDS SAYS SPENDING BILL INCLUDES $21.9 MILLION OF HIS REQUESTS FOR SOUTH DAKOTA PROJECTS

WASHINGTON, D.C. (South Dakota Searchlight) – U.S. Sen. Mike Rounds, R-South Dakota, said a stopgap spending bill to reopen the federal…

11 hours ago in Local

SD HEMP FARMERS REACT TO TIGHT RESTRICTIONS ON THC IN HEMP-BASED PRODUCTS

SIOUX FALLS, S.D. (Dakota News Now) – With congressional lawmakers focusing largely on reopening the government, policies are passing through…

11 hours ago in Local

POLL: MAJORITY OF SD VOTERS SUPPORT NEW PRISON

PIERRE, S.D. (Molly Wetsch / South Dakota News Watch) – A new scientific poll co-sponsored by South Dakota News Watch…

1 day ago in Local

SALEM RESIDENTS INVEST OWN MONEY IN NEW SUBDIVISION

SALEM, S.D. (Bart Pfankuch / South Dakota News Watch) – In an effort to build new housing that will help…