Lawmakers: Iowa Budget Shortfall Worsening

Iowa's new governor is going to have to cut the state budget some more, and may need to call lawmakers back to Des Moines to deal with the state's budget shortfall. Lawmakers yesterday said the shortfall grew another 100 million dollars, and Iowa could soon be facing a 350 million dollar gap. Governor Reynolds' administration said money is still moving, so it's tough to pin-down just how far off Iowa's budget will be. Budget managers say Iowa is seeing far less than expected from sales and use taxes.


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