DES MOINES, Iowa – Iowa Senate leaders reached a joint agreement Friday that will balance the state budget and continue efforts to grow Iowa’s middle class.
“We have fought hard for the past five months for priorities that are designed to expand Iowa’s middle class,” said Senator Bob Dvorsky of Coralville, chair of the Senate Appropriations Committee. “We continue to believe that it’s important to make smart investments in the economy, education, and health care.”
While Senate Democrats didn’t achieve all their budget goals, Dvorsky said that’s part of the price of divided state government.
“Unlike the folks in Washington, D.C., we chose compromise over gridlock,” Dvorsky said.
On April 14, Senate Democrats released a proposal that called for $7.341 billion in general fund spending, an amount identical to the total general fund spending proposed by Governor Branstad. The proposal used 97 percent of available revenues, as determined by the nonpartisan Revenue Estimating Conference in December 2014.
The details of the budget agreement will be released on Monday.