Media Center - 2026 Archive
After years of tax cuts targeted to the wealthy, state revenue projections again fall far below spending (Posted October 16, 2026)
Fiscal projections approved this morning by the REC show the folly of a half dozen years of reckless tax cutting that gave the biggest breaks to the richest Iowans and most profitable corporations. For the current fiscal year, FY 2027, revenue projections are more than $1.1 billion below the budget lawmakers approved in May.
