All Posts Tagged With: "Iowa Disasters"

April 25: A Day That Will Live For 20 Years

iowa-state-capitol-dollarsUpdate: House File 376 (the bonding bill debated Friday evening into Saturday morning) passed the House at about 1:50 AM. – Ed.

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The Iowa House is currently debating the bonding measure  and making my head spin!  $750 million has turned into $650 million, and then other additional principle expenses, plus the interest costs put the cost for Iowans at over $1.4 billion (yes, with a “b”) (some put it at $1.2 billion).  $70 million per year for the next 20 years.Listening to the floor debate, it sounds like the bill sponsors can’t really answer any questions very effectively, and are just throwing money at, what?  As we discussed earlier, we just don’t need this money, these spending plans that …


Iowa Democrats Bonding To Draw Session To A Close?

chet-culverAt a cost, it seems. Democratic leaders got together yesterday after several days of stalemating between the Governor and Legislative Leaders (all Dems). As you may know, Culver wants to borrow $750 million for infrastructure projects, and both House and Senate leaders have been resistant to this approach (probably recognizing that most Iowans do not want to see the State borrowing this kind of money).  So, while the good news is that legislators will probably get their work done in the next few days, the public may lose if this bond measure is passed (dubbed “I-JOBS“).

Only $150 million of the money would go to roads and bridges, and the rest to repairs from the disasters of 2008, renewable energy and other miscellaneous …


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