Friday, December 22, 2006

Fiscally responsible Legislature will keep its commitments

Statement by Senate Leader Mike Gronstal on Revenue Estimating

“Today’s revised estimate of state revenue for the next fiscal year will help guide our efforts to develop a balanced budget that meets Iowa’s priorities.

“The new state revenue has been created by continued growth in the Iowa economy, something that the Democratic majority in the Senate will work to continue.

“It will be important to keep the bipartisan commitments that the Legislature has made in recent years to Iowa’s students, families and communities. Built-in and anticipated increases mean that balancing next year’s budget will be a real challenge.

“We are committed to working in a bipartisan manner to keep our commitments in such key areas as health care, education, job-creation and tax relief.

“The best way to be in the position to keep those promises is to adopt a fiscally responsible approach, avoid financial shell games, and comply with the state’s balanced budget law.”