Iowa fixes Values Fund...barely

Wednesday, September 08, 2004

Iowa's governor and legislature reached an uneasy compromise to fix the Iowa Values Fund. The state's supreme court had struck down an earlier version. Read more

Before the court acted, the State had made commitments under the original version of the fund. It faced a major setback if it did not follow through on those commitments.

No one seems happy with the compromise, though. Iowa may have fixed a short term problem, but the long term strategy for the state remains cloudy. For more background go here.

posted by Ed Morrison |

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