Friday, June 21, 2013

Branstad Line Item Veto's

Gov. Branstad's been busy with the line item veto, cutting over $100 million from the 2013-14 state budget. He cut $91 million for the Peace Officers’ Retirement Fund, the primary pension plan for the Iowa State Patrol and other state law enforcement officials. Lawmakers added it to shore up a plan that's about 61% funded. Branstad says funding pension shortfalls “should not be borne only by taxpayers of the state.”

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