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Iowa Governor Reynolds proposes $9.4B budget, using reserves to boost education and Medicaid.
Iowa Governor Kim Reynolds proposed a $9.4 billion state budget for the fiscal year starting July, using $2.1 billion from state reserves to cover a $486 million increase.
The proposal allocates 95% of the additional spending to education and Medicaid.
The budget, which must be approved by the Iowa Legislature, would reduce the Taxpayer Relief Fund to $3.7 billion from nearly $4 billion.
3 months ago
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