Iowans debate how lawmakers should handle $800M budget surplus - Quincy News, Weather, Sports, and Radio

Iowans debate how lawmakers should handle $800M budget surplus


(WGEM) - Iowa has a roughly $800 million budget surplus, and some lawmakers say residents should get a chunk of that cash.

Republicans think each Iowa resident should be given a $369 income tax credit. But some Democrats say they aren't sure that is the best way to handle the money and the surplus should be spent on state services and infrastructure projects.

Residents have mixed feelings on the issue.

"Well, if they give a check to people then they would be able to buy stuff that they can't afford normally like maybe pay that extra bill on their car or pay ahead on their house," Malinda Eby said.

"I believe we should put it in programs. There's a lot of irresponsible people in this community and they're not spending their money correctly and we need education," Brandy Gray said.

A bill to give taxpayers that income tax credit has been approved by a subcommittee in the Republican controlled house. It now goes to the full committee for discussion.

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