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State deficit weighs on Iowa and nation in stressed budget
The Iowa budget faces a 24 million deficit as Gov. Ray pushes belt tightening while sales tax revisions and economic slowdowns damp spending. Comptroller Seiden shifted revenue forecasts, highlighting a shift from traditional budgeting to proactive cash flow tracking and lower working balances. Across states, deficits and surpluses vary, with several regions considering reforms to avert shortfalls. In Columbus, homemakers would adapt to metric weights if adopted, per Dr. Fern Hunt, who notes easier calculations for consumers and schoolchildren despite standardization challenges.
MENTIONED IN THIS ARTICLE
DES Moines
IDPA
Robert Ray
Ray
M Vin Selden, Jr
Selden
Seiden
Town
Council of State Governments
Columbus
Ohio
UPI
United States
Ohio State University
Fern Hunt
Secretary of Commerce
Hunt