Catching up on some sad news from last week, no electric cars will roll off assembly lines in Webster City. On the contrary, the city will be lucky to get back money it loaned to a company that never delivered on its owner’s promises.

A week doesn’t go by without some new ad related to the presidential campaign hitting the Iowa airwaves. The latest commercials from the Barack Obama and Mitt Romney campaigns are after the jump, along with highlights from Romney’s event in Council Bluffs on Friday.  

President Barack Obama’s campaign rolled out yet another new television commercial today in Iowa and other swing states. This negative spot (the eighth Obama campaign commercial to run in Iowa since early April) focuses on Mitt Romney’s record as governor of Massachusetts from 2003 to 2007.

Mitt Romney’s second general election television commercial is on the air in Iowa and three other swing states. Its look and feel are similar to the Republican’s first tv ad here since the Iowa caucuses.

Karl Rove’s super-PAC Crossroads GPS launched another television commercial slamming President Barack Obama yesterday, less than a week after its last ad hit tv screens in Iowa and nine other swing states. “Basketball” targets women who initially supported Obama for president but are discouraged about the economy. The video and transcript are after the jump.

Some bad public policy ideas take hold because decision-makers become convinced they will work. Other times, bad ideas gain momentum because politicians who should know better are too scared or lazy to make the case against them.

In what looks like a textbook example of the second scenario, all three Democrats representing Iowa in the U.S. House are now on record supporting some form of constitutional amendment to require a balanced federal budget.

Speaking in Des Moines this afternoon, Mitt Romney promised to lead the country “out of this debt and spending inferno” by reducing federal government spending from 24.3 percent of the country’s gross domestic product to 20 percent of GDP within four years. Romney would address what he called a “prairie fire of debt” by moving some federal programs to the state level or the private sector, repealing “Obamacare,” reforming Medicare and Social Security, and reducing “redundancy and waste” in government programs.

I’ve posted the full prepared text of Romney’s remarks after the jump, along with a few comments.

Governor Terry Branstad’s education reform blueprint called for higher academic standards and better methods to assess student skills. I just hope my kids don’t learn to count the way the governor counts jobs created in Iowa.

President Barack Obama talks about intervening to save the U.S. auto industry in his re-election campaign’s latest television commercial, now on the air in Ohio and Iowa. I’ve posted the video and transcript of the 30-second spot below.

Iowa is second only to Vermont in the number of farmers markets and community-supported agriculture farms per capita, according to data compiled by the Vermont-based non-profit Strolling of the Heifers.

Republican Congressional candidate John Archer is up on cable television with a new commercial promoting his jobs plan. Follow me after the jump for the video, transcript, and analysis.

Beef Products, Inc. announced yesterday that it will permanently close three factories in Waterloo, Iowa, Amarillo, Texas and Garden City, Kansas. BPI suspended operations at those plants in March, following public controversy over lean finely textured beef, which detractors call “pink slime.” The Waterloo facility employed 200 people, who will be jobless effective May 25.

Comments from Governor Terry Branstad, Senator Chuck Grassley, and Representative Bruce Braley are after the jump. Branstad and Grassley criticized what they have called a “smear campaign” against lean finely textured beef. Braley, who previously called for a Congressional investigation into media claims about the product, expressed regret that “the facts have been lost in the furor” over lean finely textured beef.

President Barack Obama’s campaign launched a new television commercial today in nine swing states, including Iowa. The 60-second spot and annotated transcript are after the jump. This commercial focuses on how the president dealt with the challenges facing him when he took office. Unlike the Obama campaign’s last tv ad, this one does not mention his Republican opponent, Mitt Romney.

President Barack Obama’s re-election campaign is launching a new television commercial today in Iowa, Virginia, and Ohio. The spot responds to a negative ad by the 501(c)4 group Americans for Prosperity, pivoting to an attack on future Republican nominee Mitt Romney. After the jump I’ve posted video clips and transcripts of those commercials and the latest anti-Obama ad from the 501(c)4 group American Future Fund.

The U.S. House approved a bill yesterday to cut taxes by 20 percent for one year for companies with fewer than 500 employees. All the Iowans present voted for the legislation: Republicans Tom Latham (IA-04) and Steve King (IA-05) and Democrats Dave Loebsack (IA-02) and Leonard Boswell (IA-03). Bruce Braley (IA-01) was absent. His staff have not responded to my request for comment on how he would have voted.

The roll call shows that only 18 House Democrats supported this bill. Once again, Progressive Caucus member Loebsack joined Republicans and a small group of primarily Blue Dog Democrats. Bleeding Heartland has discussed this pattern in the context of Loebsack’s votes for a balanced budget constitutional amendment, to block non-existent EPA regulations on farm dust, to make it more difficult for the federal government to regulate small business, and to extend a pay freeze for mostly middle-class federal workers.

After the jump I enclose a statement from King and more details on the Congressional debate over small business tax cuts.

Approximately 44 percent of Iowa workers earning less than $10 per hour have at least some college education, according to data compiled by Janelle Jones and John Schmitt of the Center for Economic Policy Research.  

I try to ignore the bogus controversies and fake outrage that dominate cable television news coverage, but the big to-do over Hilary Rosen saying Ann Romney “never worked a day in her life” is on my mind this weekend.

You’d think the USDA would see the flaw of logic in letting the people who make the food inspect the food and decide if it is actually safe to eat.

The USDA has decided in its infinite wisdom, despite pink slime and a few other debacles of the food industry, to test a program allowing chicken companies to check their own livestock and decide whether or not the chickens are safe to eat.

Competing rallies about lean finely textured beef took place on the Iowa State University campus yesterday. Governor Terry Branstad, Lieutenant Governor Kim Reynolds, and Representative Steve King were among the speakers at a rally supporting continued use of the additive used in some ground beef. Before that event, some family farmers joined activists at a rally to “to protest the collusion between industrial meat production and our political system.”

It’s time for a new Bleeding Heartland thread about lean finely textured beef, known to detractors as “pink slime.” A dozen links to news and commentary about this controversy are after the jump.

The Iowa Senate approved a broad education reform bill yesterday on a party-line vote of 26 to 24. Details on Senate File 2284 and the floor debate in the upper chamber are after the jump.

I’ve also included the latest news on efforts to stop Iowa school districts from starting the academic year before September 1. If state lawmakers don’t act on that proposal, Governor Terry Branstad may try to force the issue.

A conference committee of Iowa House and Senate members has yet to determine whether the Iowa legislature will allocate $5 million over two years to rebuild the dam at Lake Delhi in Delaware County. However, it’s already clear that more worthwhile lake restoration projects in Iowa will go without funding next year thanks to money set aside to rebuild the Delhi dam.

A U.S. District Court judge in Sioux City dismissed a lawsuit challenging a federal rule banning interstate sales of raw milk. However, the verdict contained a silver lining for Iowans who want to buy and drink this unpasteurized product.  

Recreation on Iowa rivers generates enough economic activity to support about 6,350 jobs, according to a new study by Iowa State University’s Center for Agricultural and Rural Development.

Unfortunately, a new report by Environment Iowa indicates that this state’s rivers are among the country’s most polluted waterways.

Follow me after the jump for excerpts from both reports, published last week.

What’s on your mind this weekend, Bleeding Heartland readers? I’m catching up on two stories I didn’t have time to write about during the past week: President Barack Obama’s choice of Jim Yong Kim to be next president of the World Bank, and Vice President Joe Biden’s March 28 visits to Davenport and Sioux City. Kim was born in South Korea but grew up in Muscatine, where his family moved when he was five years old. More clips about Kim and Biden’s latest Iowa trip are after the jump.

Sad news from the south side of Des Moines: Cha Cha, the male lion at the Blank Park Zoo, was euthanized this week after being diagnosed with inoperable liver cancer. He was 16 years old.

This is an open thread; all topics welcome.  

Iowa politicians from both parties are speaking out today in defense of finely textured beef product, now commonly known as “pink slime.” The U.S. Department of Agriculture announced earlier this month that it will give schools the option of buying ground beef that does not contain the product. Several grocery store chains have recently announced that they will stop carrying ground beef containing the product, prompting Beef Products Inc. to suspend production of finely textured beef product at three plants for 60 days. One of the closed plants is in Waterloo. BPI is leaving its plant in South Sioux City, Nebraska running for now.

Iowa political reaction to the controversy is after the jump.

Democrats Bruce Braley (IA-01), Dave Loebsack (IA-02), and Leonard Boswell (IA-03) joined Republicans Tom Latham (IA-04) and Steve King (IA-05) in voting yesterday for the Senate version of a bill designed to help small business start-ups. The five representatives all supported the original version of the bill earlier this month. Republican Chuck Grassley also voted for the bill when it came before the Senate last week, but Democrat Tom Harkin opposed it over concerns it would further deregulate Wall Street and undermine investor protections. After yesterday’s vote, Braley hailed the bipartisan action to “reduce small business restrictions,” while Loebsack highlighted provisions he advocated to promote small businesses owned by womens, veterans, and minorities. I enclose those statements at the end of this post.

Also on March 27, the U.S. House approved a bill designed to weaken the Federal Communications Commission’s ability to regulate. Iowans split on party lines. Follow me after the jump for details on that bill and various amendments debated on the House floor yesterday.

Yesterday the U.S. Senate approved an amended version of the Jumpstart Our Business Startups (JOBS) Act, which is supposed to make it easier for entrepreneurs to start small companies. All five Iowans in the U.S. House voted for this bill two weeks ago, but Iowa’s senators split on party lines.  

The Iowa Senate voted to confirm former Senator Swati Dandekar to the Iowa Utilities Board this evening by 43 votes to 6 (pdf).  

The U.S. House approved the Jumpstart Our Business Startups (JOBS) Act today by an overwhelming majority. All five Iowans were among the 390 votes for passage (roll call). Details on the legislation are below.

UPDATE: The Democratic Congressional Campaign Committee is hammering House Republicans for keeping certain amendments out of the otherwise bipartisan JOBS Act. I’ve enclosed DCCC press releases naming Tom Latham and Steve King below.

Des Moines was second only to Washington, DC in the latest Forbes magazine report on the best cities for high-paying jobs.

Christie Vilsack toured Iowa’s new fourth Congressional district late last week to roll out an energy plan “geared towards bringing a new prosperity to Iowa’s small cities and rural communities by creating layers of economic opportunity.”

The five-point plan is more of a political statement than a detailed policy document. Like some of Vilsack’s previous proposals, it embraces some Republican talking points.

Upon closer examination, the energy plan looks like two parts bipartisan no-brainers, two parts conservative buzzwords, and one part fairy dust.

The number of Iowa children living in neighborhoods of concentrated poverty more than doubled over the last decade, according to a new report.

President Barack Obama released his draft budget for the 2013 fiscal year yesterday. Details on the president’s proposed spending and tax rates are after the jump, along with reaction from the Iowans in Congress and some of their challengers.  

Iowa Attorney General Tom Miller announced yesterday “a landmark $25 billion national joint federal-state accord over mortgage foreclosure abuses and fraud, and unacceptable nationwide mortgage servicing practices.” My gut says this deal lets lenders off too easily and will do virtually nothing for most foreclosure fraud victims. A $2,000 check isn’t much for people who wrongfully lost their homes, and the amount earmarked for principal reductions would rescue only a tiny fraction of “underwater” borrowers.

I’ve posted five versions of the case for the agreement after the jump, along with five statements from critics of the deal. Miller’s press release includes details on what borrowers in Iowa could receive. Please share your perspective in the comments.

Anyone else in the Bleeding Heartland community not planning to watch the Superbowl tonight?

Jobs are on my mind this weekend. On Friday the Bureau of Labor Statistics released some encouraging employment numbers. On the same day, news broke about proposed Air Force cuts that could eliminate around 500 jobs in the Des Moines area.  

Yesterday the U.S. House approved a bill to require additional Congressional Budget Office analysis on legislation with a large price tag. The concept is intended to reduce the apparent cost of tax cuts to the federal budget. Iowa’s representatives split on party lines over this bill and proposed amendments, including one offered by Democrat Leonard Boswell (IA-03).

Iowa Rivers Revival announced today that Charles City won its 2011 “Iowa River Town of the Year” award. The non-profit organization, created to advocate for protecting Iowa rivers and streams, honored the Floyd County seat because city leaders “responded to record floods in 1999 and 2008 by embracing the Cedar River with new ideas and bold projects, such as transforming a low-head dam into Iowa’s first whitewater kayak course and installing the state’s largest permeable paving system.” A press release describing Charles City’s river projects in more detail is after the jump. UPDATE: Click here for more information about Charles City Whitewater at Riverfront Park.

Iowa Rivers Revival previously recognized Webster City (2007), Elkader (2008), Coon Rapids (2009) and Cedar Falls (2010) as River Town of the Year. Bleeding Heartland summarized those cities’ river programs here. Click here to download the full applications submitted by Charles City and the past winners.  

Iowa Senate Ways and Means Committee Chair Joe Bolkcom took to the Senate floor today with a clear message for Iowa House Republicans and Governor Terry Branstad: “no tax cut will pass the Senate Ways and Means Committee” until an expansion of Iowa’s earned income tax credit has been signed into law.

On Saturday night the Des Moines Register announced the major stops on the 2012 Register’s Annual Great Bike Ride Across Iowa (RAGBRAI). The 471-mile ride will start in Sioux Center on July 21 and end in Clinton on July 28.

Overnight stops are after the jump, along with findings from a new study on the economic impacts of recreational bicycling for Iowa.

Yesterday U.S. Secretary of Defense Leon Panetta revealed some proposed cuts to the military budget, part of a plan to save $487 billion over the next decade. Click here or here for details on the reductions, which will slow the rate of growth in defense spending but are far from the “massive cuts” opponents decry.

Representatives Bruce Braley (IA-01) and Dave Loebsack (IA-02) responded to yesterday’s news by promising to fight for defense-related jobs at the Rock Island Arsenal, a major employer in the Quad Cities area.