Politics· States Newsroom

State revenues projected to increase as Iowa’s billion-dollar budget deficit remains

States Newsroom · October 16, 2026

Iowa is expected to spend over $1 billion more than it raises in revenues in the current fiscal year, the Revenue Estimating Conference found Friday — but Iowa Department of Management Director Kraig Paulsen said this prediction remains in line with Republicans’ expectations about the initial impacts of income tax…

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State revenues projected to increase as Iowa’s billion-dollar budget deficit remains

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