Lessons Never Learned

One state is trying to dig itself out of a hole… by digging deeper.   Connecticut, just as with other progressive Blue States such as Illinois and California, is in a fiscal crisis. Policymakers in Connecticut have relied on increasing taxes and spending. “After eight years of uncontrolled spending and two of the largest tax increases in the history of […]

We’re in the Money!

A pander bear should be the official mascot of the Democratic presidential debates. Never have so many candidates proposed so much spending. They are clearly trying to bribe voters to support the one who offers the most “free” stuff.   In 1935, Ohio’s Robert A. Taft described President Franklin D. Roosevelt’s New Deal as “one of those fabulous creatures of […]

Helping Iowa Grow

People vote with their feet. Iowa’s population and economic growth requires lowering income tax rates and controlling spending.   There is clear evidence states that reduce tax rates and control spending not only grow economically but attract new residents. Tax rates matter and the more a government taxes something the less you get. High taxes not only discourage investment, entrepreneurship, […]

How Much Abuse is There in Medicaid?

Fraud and abuse within Medicaid are not only hurting those who truly need services, but it is also fleecing taxpayers.   Several states have recently found fraud and abuse within their Medicaid programs. Fraud and abuse within Medicaid are not only hurting those who truly need services, but it is also fleecing taxpayers. Medicaid is a joint federal-state program, which […]

Out-of-Control Spending Highlights Need for Fiscal Sanity

Lobster tail, crab, booze, and a foosball table were purchased in the Federal Government’s use-it-or-lose-it spending spree. Senator Joni Ernst (R-IA) won election to the United States Senate for promising to make the federal government “squeal.” The reference is in response to the out-of-control spending that has plagued the federal government for decades. The current federal budget process is broken, […]

Does Your State Have Medicaid Fraud and Payment Errors?

Taxpayer dollars lost to waste, fraud, or abuse are dollars that cannot fund services for those who truly need the services.   Beth Wood, who serves as North Carolina State Auditor, reported the “state Department of Health and Human Services improperly paid more than $100 million in Medicaid claims during fiscal year 2018.” The “errors” consisted of “overpayments to providers, along with […]

Our $22 Trillion National Debt

Addressing our massive national debt should be a top priority. Iowans must understand that the national debt crisis will not only impact them directly, but also state finances.   The national debt has reached $22 trillion. Federal spending is now approaching $4.7 trillion as Congress currently debates President Donald Trump’s proposed budget. James Grant, editor of Grant’s Interest Rate Observer, […]

Federal Funds for Teachers Should Get A Failing Grade

Senator Kamala Harris (D-CA) wants Uncle Sam to spend $315 billion on teacher salaries. This is dangerous for states, school districts, and is not the role of the federal government.   Senator Kamala Harris (D-CA), who is also a current Democrat presidential candidate, recently proposed a new federal program that would spend $315 billion over 10 years to increase teacher […]

What States Can Learn from Colorado’s Taxpayer Bill of Rights (TABOR)

Constitutional spending limits are an effective means to control the growth of spending and protect the interests of taxpayers. Other states can learn a lesson from Colorado. Some will be disappointed this lesson is not about  the legalization of marijuana, but rather Colorado’s Taxpayer’s Bill of Rights or TABOR. In 1992 Colorado voters adopted TABOR, a constitutional amendment that limits […]

Controlling State Government Spending

States that have lower tax rates and keep lower spending levels often see greater economic growth and more stable revenues. Government spending is a concern to many Iowans. Individuals, families, and businesses across Iowa all follow a budget that is not guaranteed to increase every year, yet Iowa’s budget continues to grow.  Iowa’s state budget is $7.3 billion and even […]

Does Government “Help” Prevent Growth?

The Iowa legislature is already making progress in creating a more friendly economic environment for job creators by passing needed tax reform legislation. The tax reform bill signed into law by Governor Kim Reynolds begins the process of reducing Iowa’s high individual and corporate tax rates. In addition, this legislation also calls for a strenuous review of Iowa’s many business […]

An Unfortunate Milestone: Our National Debt Has Reached $21 Trillion

“Blessed are the young, for they shall inherit the national debt,” stated President Herbert Hoover. Once again, the nation hit a record as our national debt has risen to $21 trillion. This does not include the trillions in unfunded liabilities from entitlement programs such as Social Security, Medicare, and Medicaid. This month also marked another unfortunate event when the federal […]

Government’s Unquenchable Appetite for Tax Dollars

As Iowa’s tight budget situation lingers, the call for additional revenue sources continues to grow. The Des Moines Register recently published an editorial advocating a tax increase on beer to fund various programs and law enforcement efforts to deal with alcohol-related issues. The editorial board argued that a higher beer tax would discourage drinking and reduce the harmful effects of alcohol abuse. Iowa currently […]