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.

President Barack Obama hits the road today through Friday to promote proposals from last night’s State of the Union address. Cedar Rapids is the first stop on his itinerary, which also includes Phoenix, Las Vegas, Denver, and Detroit. All cities are in states Obama hopes to win or at least put in play this November.

Follow me after the jump for links on the president’s Cedar Rapids visit. I will update this post later with highlights and reaction.

Several environmental groups are mobilizing against $5 million in proposed state funding to rebuild the Lake Delhi dam on the Maquoketa River in Delaware County.

A new report underscores how badly Iowa lawmakers screwed up when they missed the chance in 2010 to enact reasonable regulations on “legalized usury,” more commonly known as payday lending.

Last week the Des Moines-based Child & Family Policy Center released “Iowa Kids Count 2010: Trends in the Well-Being of Iowa Children.” Highlights from the report are after the jump. While several indicators showed improvement in children’s health between 2000 and 2010, the economic circumstances of Iowa children and families deteriorated significantly.

Jon Huntsman’s exit from the presidential race leaves five Republican candidates taking the stage tonight for a Fox News debate, co-sponsored by the Wall Street Journal and the South Carolina GOP.

I will update this post later with highlights. I don’t expect Newt Gingrich, Ron Paul, Rick Perry or Rick Santorum to do any real damage to Mitt Romney. Any comments about this debate or the GOP primary campaign are welcome in this thread.

UPDATE: I missed part of the debate, but some thoughts are after the jump.

Governor Terry Branstad delivers his “Condition of the State” address to the Iowa House and Senate this morning. Iowa Public Television will livestream the speech here, and I’ll update this post later with highlights. The governor’s commercial property tax reform plan will be a centerpiece of the address. As part of that plan, Branstad indicated yesterday that he will seek unprecedented limits on local government taxing authority in Iowa.

UPDATE: A few details from the governor’s proposed budget are now below, along with some reaction from Democratic lawmakers. Branstad is asking for a significant spending increase in the 2013 fiscal year.

The Bureau of Labor Statistics released new employment figures yesterday, showing nonfarm payroll employment up by 200,000 in December 2011, and the unemployment rate down slightly to 8.5 percent. Several members of Congress from Iowa cited the news a Their statements are after the jump.

I’ve also enclosed reaction from U.S. Senators Chuck Grassley and Tom Harkin to President Barack Obama’s recess appointments of Richard Cordray to head the Consumer Financial Protection Bureau and three members of the National Labor Relations Board. While Harkin welcomed Cordray’s appointment, Grassley slammed the president for “upending years of Senate practice and legal precedent.” Grassley was among Senate Republicans who filibustered Cordray’s confirmation last month.

Let’s review the most boneheaded moves from the year in Iowa politics.

This thread is not about wrongheaded policy choices. It may be stupid to cut early childhood education programs, kneecap the state Environmental Protection Commission, or pass an “ag gag” bill that would never survive a court challenge. Yet all of those actions carry potential political benefits, since they appeal to well-funded interest groups or a large group of voters.

My top ten list of Iowa politicians’ mistakes is after the jump.

Projects in St. Ansgar, Mason City, Dubuque, Guttenberg, Sioux City and Perry were recognized this year as some of the best examples of sustainable development in Iowa.

Hope dies last for Iowa Attorney General Tom Miller when it comes to reaching a settlement with major lenders accused of foreclosure fraud. He predicted that a deal would be finalized by Christmas, but so far, no deal has materialized. Attorneys general for several major states remain unlikely to abide by any agreement Miller’s working group negotiates.

It’s the season of giving, and the U.S. Environmental Protection Agency just delivered an outstanding present to Americans who breathe air.  

I must be the last Iowa blogger to weigh in on Stephen Bloom’s “Observations From 20 Years of Iowa Life” for The Atlantic.

The Senate defeated Democratic and Republican versions of a balanced budget amendment to the U.S. Constitution today. Details on the votes and statements from Iowa’s senators are after the jump.

There will be a competitive Democratic primary in Iowa Senate district 49. Attorney and small business owner Dorothy O’Brien announced her candidacy today, less than a week after Rita Hart became the first Democrat to declare in this district.

Without Congressional action, a temporary payroll tax cut intended to stimulate the economy will expire on December 31 of this year. Last week the Senate defeated two proposals to extend the tax cut; Iowa Senators Chuck Grassley and Tom Harkin were on opposite sides of both votes.

The U.S. House passed another bill on December 2 seeking to complicate rule-making by federal agencies. Tom Latham (IA-04) and Steve King (IA-05) voted for H.R. 3010, the Regulatory Accountability Act, as did every Republican present. Nineteen House Democrats (the usual Blue Dog suspects) voted with the majority for this bill. Dave Loebsack (IA-02) and Leonard Boswell (IA-03) opposed the legislation, despite having crossed the aisle the previous day to support a different GOP effort to limit business regulations.

Just in time for the busiest shopping weekend of the year, the Iowa Public Interest Research Group released a detailed new report on toy safety.

The non-profit organization Iowa Rivers Revival is accepting nominations through December 20 for the fifth Iowa River Town of the Year award. Details on the award criteria and past winners are after the jump.

Eight presidential candidates are debating tonight at Oakland University in Rochester, Michigan. CNBC is broadcasting the debate beginning at 7 pm central time. Economic issues are supposed to be the focus of the discussion, but I imagine Herman Cain won’t be able to avoid some discussion of the spiraling sexual harassment allegations against him.

Former Massachusetts Governor Mitt Romney has a bit of a home-court advantage in Michigan, where his father was once governor. The Los Angeles Times published a damning report this week about Romney’s business practices at Bain Capital, which used “shell companies in two offshore tax havens to help eligible investors avoid paying U.S. taxes.” I expect Romney will be asked to comment on that report tonight.

I will update this post later with highlights, but meanwhile use this thread for any comments about the debate or the GOP presidential race.

UPDATE: A few thoughts are after the jump.

Senator Tom Harkin and Representative Bruce Braley introduced legislation today that would levy a small tax on “most non-consumer financial trading including stocks, bonds and other debts,” as well as “all derivative contracts, options, puts, forward contracts, swaps and other complex instruments.”  

The public policy organization representing the Catholic Church in Iowa released its list of 2012 legislative priorities this week, along with a statement on “Labor and the Common Good.”

Governor Terry Branstad promised during last year’s campaign to transform the Iowa Department of Economic Development into a public-private partnership. Yesterday he named 18 leaders of Iowa companies to two new state economic development boards.

The list of appointed board members are after the jump, along with background and the full text of Branstad’s executive order creating the Iowa Partnership for Economic Progress board.

The Crossroads GPS group headed by former George W. Bush spinmaster Karl Rove is spending $160,000 to run a new commercial about Representative Leonard Boswell on television stations in Des Moines and Omaha. Those media markets reach most residents of Iowa’s new third Congressional district, where Boswell will face Republican Representative Tom Latham in 2012.

Like the first commercial Rove’s group ran against Boswell this summer, the new ad is dominated by boilerplate conservative talking points against House Democrats. The transcript and analysis are after the jump.

UPDATE: More recent absentee ballot numbers are here, and a precinct-level analysis of the early voting is here.

Two weeks before the special election in Iowa Senate district 18, the number of absentee ballots requested and returned favored Democratic candidate Liz Mathis over Republican Cindy Golding by a two to one margin. Details are after the jump, along with other recent news about the race.

President Barack Obama went to Las Vegas yesterday to unveil his administration’s latest proposal to help homeowners facing possible foreclosure. About a quarter of all U.S. homeowners are “underwater,” which means their homes are not worth as much as they owe on their mortgages. Nevada has an extremely high foreclosure rate and suffered one of the worst boom-bust cycles in the housing market. It’s also a swing state in presidential elections, which made it a perfect venue for Obama yesterday. I wish his team were putting as much effort into crafting a housing policy that would help people.

A full year has passed since Iowa Attorney General Tom Miller became leader of a 50-state working group to investigate mortgage fraud. In recent months, seven Democratic attorneys general have broken away from efforts to reach a broad settlement with major lenders, as the flaws in Miller’s approach to negotiations have become more clear. This week news broke that the AG working group are offering new concessions in order to reach a deal with financial institutions.

Miller should give up this charade.  

The U.S. House and Senate approved trade agreements with Columbia, Panama and South Korea yesterday. All Iowa Republicans supported each of the three deals, while Iowa Democrats voted against them. Links to roll calls and statements from most of the lawmakers are after the jump.

The U.S. Environmental Protection Agency is demanding that the Iowa Department of Natural Resources take steps to reduce fine particulate matter statewide and especially in the Muscatine area, which has long had some of Iowa’s worst air quality.

Particulates contribute to premature deaths and serious heart and lung diseases, not to mention acid rain and other environmental problems. So it’s disappointing to see state officials react to the EPA message with more concern about the polluters than the public’s health.