Iowa Governor Kim Reynolds and top Republicans in the House and Senate are continuing their private negotiations, aiming for an agreement on how deeply to cut state taxes.
Reynolds says they’ve been “very close” on the overall framework of the bill for weeks.
Republican House Speaker Linda Upmeyer of Clear Lake says House Republicans and the governor agree on a roughly 200-million dollar tax reduction the year after next.
There have been some hints as to how large next year’s tax cuts may be. The budget plans released by Republicans in the House and Republicans in the Senate reflect a roughly 100-million-dollar reduction in tax revenue.
