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Lt. Gov. Reynolds to Lead Upcoming Trade Mission, Branstad Remains to Negotiate Budget

Press Release

Location: Unknown

Gov. Terry E. Branstad today announced that Lt. Gov. Reynolds will lead the upcoming trade mission to South Korea and China, while he will remain here to negotiate Iowa's budget.

Last week, Senate Democrats walked away from negotiations. Branstad says he will be here every day this week, and is again asking for Senate Democrats to put forward their plan so budget negotiations can resume.

"I am asking Senator Gronstal to bring forward a plan and put it on the table," said Branstad. "We have repeatedly asked him to, and thus far have received nothing."

Branstad noted that last week, he acknowledged his preschool bill would likely not be passed. He also acknowledged last week that his corporate income tax reduction plan would likely not survive this session. Added to today's announcement that he will not participate in the trade mission, the governor believes it is time for the Senate Democrats to step up and present a plan.

"So, while I have taken a number of issues off the table, Senate Democrats won't even put a plan on the table," said Branstad. "I believed we were on our way to a resolution of this year's budget."

The lieutenant governor notes that contrary to Democrats' claims, there is no budget surplus.

"Our bills come due on July 1," she noted. "Any funds in that ending balance are being used to fund next year's budget, and end the reckless and irresponsible budgeting of the past."

She likened the situation to a family that is paid on Monday, but the mortgage is due that Friday. The kids may beg them to spend it, but the mother and father instead looking out for the best interests of the long-term financial health of the family.

For more information, please visit www.Governor.Iowa.Gov.

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