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Gov. Culver: National study demonstrates Iowa’s fiscal strength
11/12/2009

Contact:
Pete McRoberts, Governor’s Office
(515) 725-2048
pete.mcroberts@iowa.gov

Pew Center on the States Confirms Iowa’s Strong Position in Spite of National Recession

DES MOINES – Governor Chet Culver announced today that Iowa is tied for second place nationally in terms of fiscal strength, according to a recent study by the Pew Center on the States. The study confirmed that Governor Culver’s conservative fiscal practices, combined with common-sense job retention and creation efforts, continues to help Iowa’s economy grow, even as our state faces the worst national recession since the Great Depression. Iowa is behind only Wyoming and tied with Nebraska in terms of Pew’s positive rating. 

The study, “The California Scorecard: States in Fiscal Peril,” rates states based upon six factors, including foreclosure rates, joblessness, loss of state revenue, state budget gaps, balanced budgets, and money-management practices.

“As I have often said, I believe we can literally work our way out of this recession,” said Governor Culver. “This study shows what we in Iowa have long known – that keeping our fiscal house in order, combined with aggressive job creation efforts – is a recipe for rebuilding the state’s economy.   While this is good news, we know there is still much work to do.  From I-JOBS, to responsible balancing of the budget, we will continue our efforts to keep Iowa a national leader in economic stability and growth, while building Iowa’s future.”

The Pew Charitable Trusts are an independent, non-profit public policy group, founded in 1948. The Pew Center on the States is a department of the Trusts, responsible for analyses of states’ public policies. To read the entire report cited above, please visit:  http://www.pewcenteronthestates.org/.  


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