Lawmakers Not Returning

Iowa lawmakers will not return to the state Capitol for a special session following news last week that a projected budget shortfall was drastically smaller than expected. Still, Iowa’s finances remain on shaky ground in the midst of new borrowing and unknown costs. Iowa has to pay back what it’s tapped from reserve funds, and it’s still waiting to finalize some Medicaid spending. State agencies could be on the hook for more budget cuts, and a GOP priority to cut taxes could get harder