Terry Branstad’s campaign announced today that it had accepted three invitations to debate Governor Chet Culver this fall:

1. Lee Enterprises/KCAU-TV/WQAD-TV Gubernatorial Debate. Time and date to be determined. Sioux City, IA

2. The Cedar Rapids Gazette/KCRG-TV 9 Gubernatorial Debate

Thursday, October 7, 2010, 7 p.m. Cedar Rapids, IA

3. Des Moines Register/Iowa Public Television Debate

October 21, 2010, Noon, Iowa Public Television Studios, Johnston, IA

Branstad’s running mate, Kim Reynolds, is also willing to debate Lieutenant Patty Judge once at a time and place to be determined. Maybe by then Reynolds will be able to explain how Republicans would have balanced the current-year budget without dipping into state reserves or using one-time federal funds.

I expect the lieutenant governor’s debate to be entertaining. Judge speaks with a lot of confidence. Reynolds is a polished speaker, but not when she gets knocked off her prepared talking points.

I expect Branstad to play it safe in the debates; he’s ahead in the polls and mainly needs to avoid any huge blunder. I look forward to watching him explain in Cedar Rapids why his own state bonding was justified, but not I-JOBS borrowing to rebuild after the largest floods in Iowa history.

If I were Culver, I would practice ways to get under Branstad’s skin the way Bob Vander Plaats did during the Republican primary debates. But that strategy can only work if Culver keeps his cool, which may be challenging given how freely Branstad lies about the incumbent’s record. Culver will have to find ways to refute phony Republican numbers without seeming to fly off the handle. A little humor might help.

AUGUST 24 UPDATE: The Sioux City debate will take place on September 14:

The Sioux City Journal and Lee Enterprises are hosting the debate with KCAU, the ABC affiliate here in the metro. The one-hour debate will air from 7 p.m. to 8 p.m. on KCAU, WOI in Des Moines and WHBF in the Quad Cities. Besides the Journal, other Lee papers participating include the Quad City Times, Waterloo Courier and Mason City Globe Gazette. To give instantaneous coverage, the papers will have a live webcast and running blog during the debate.

The Iowa Department of Management released a report on the I-JOBS state bonding initiative yesterday. Click here for the pdf file (more than 100 pages). Governor Chet Culver’s office highlighted how much I-JOBS has invested in infrastructure, particularly in the areas of flood recovery and mitigation, as well as how many jobs have been created or retained. Iowa Republicans continue to claim I-JOBS failed, having funded only temporary jobs at a high cost.

The Department of Management’s report documents about 1,700 projects that could not have gone forward without I-JOBS money. Unfortunately, recent media coverage of I-JOBS hasn’t focused on its clear benefits. The dominant media frame has become a he-said, she-said take on whether I-JOBS has lived up to Culver’s job creation promises last year.

Terry Branstad’s gubernatorial campaign launched a new YouTube video attacking the I-JOBS infrastructure bonding program. Like other leading Iowa Republicans, Branstad continues to exaggerate I-JOBS costs. The video claims the state bonding will cost Iowa taxpayers $55 million per year for 23 years (a total of $1.7 billion). However, when most of the I-JOBS bonds were sold a full year ago, strong investor demand and Iowa’s solid credit rating drove down the interest rate. The repayment costs are approximately $42 million yearly (from gaming revenue, not the general fund), and will add up to far less than $1.7 billion.

How long will Branstad get a free pass for math that doesn’t add up and false claims about Iowa’s finances? Your guess is as good as mine.

Branstad’s new video also suggests that I-JOBS has created no jobs and nothing of value. I explained why that’s wrong here and here.

UPDATE: Chet Culver’s campaign responded to this web ad from a different angle:

BRANSTAD MOCKS FLOOD VICTIMS IN LATEST WEB AD

DES MOINES – Gubernatorial candidate Terry Branstad mocks recent flood victims in his newest web ad, in which he slams Governor Culver’s I-JOBS program.

“A large part of I-JOBS money goes toward flood recovery and mitigation efforts, just ask the citizens of Cedar Rapids and Coralville who depended on aid from I-JOBS to help rebuild their cities and limit damage from future flooding. But Terry Branstad continually mocks I-JOBS; the web video is just the latest representation of that,” said Culver/Judge Campaign Manager Donn Stanley.

Branstad has called the I-JOBS program a “folly.” [1]  The video, released by the Branstad campaign today, is goofy and is, at best, inconsiderate after this weekend’s flooding around Lake Delhi given how critical I-JOBS funding has been in rebuilding from the 2008 floods.

Stanley continued, “Despite this weekend’s flooding, the Branstad campaign continues to mock I-JOBS. It shows just how arrogant and out of touch Branstad and his campaign are. I certainly do not believe that mocking I-JOBS and the flood victims shows the kind of serious leadership Iowans need in tough times.”

Source

[1] Iowa Press Citizen, 6/2/10.

Last week I highlighted the half-truths and misleading arguments that underpin Iowa Senate minority leader Paul McKinley’s case against Democratic governance in Iowa. I wasn’t planning to revisit the Republican leader’s fantasy world until I read the July 16 edition of his weekly e-mail blast. McKinley claims to offer five “big ideas” to “make Iowa again a state where jobs and prosperity can flourish.”

His premise is absurd when you consider that CNBC just ranked Iowa in the top 10 states for doing business (again), and number one in terms of the cost of doing business. Many of McKinley’s specific claims don’t stand up to scrutiny either, so follow me after the jump. There’s also a poll at the end of this post.

If Iowa Senate Minority Leader Paul McKinley believes the spin he serves up to journalists and the Republican Party faithful, he must have an active imagination.

I don’t know which is most detached from reality: McKinley’s take on Iowa’s finances, his views on “state sovereignty” or his election predictions.

One day after Terry Branstad won the Republican nomination for governor, his accountability problem was back on display. Speaking to the Iowa Association of Business and Industry’s annual convention in Ames yesterday, Branstad told the audience, “I want to get rid of the present incumbent because he’s driven the state into the biggest budget deficit in history.”

In the psychological field, projection is “a defense mechanism that involves taking our own unacceptable qualities or feelings and ascribing them to other people.” I’m not qualified to offer any professional diagnosis, but Branstad’s the guy who really did keep two sets of books to hide illegal deficits. It’s incredible to hear him keep making that false claim about Governor Chet Culver’s administration. The governor and Iowa’s legislative leaders haven’t run up any budget deficit, let alone the largest deficit ever. If Culver were running deficits, Iowa wouldn’t have a top-level credit rating or be considered one of the states “least like California” in terms of fiscal problems.

How long will Branstad keep getting away with making stuff up about Culver’s record? Your guess is as good as mine.

In other news, Branstad promised the Association of Business and Industry crowd that if elected, he wouldn’t allow key priorities of organized labor like the prevailing wage or collective bargaining bills to become law. I doubt ABI has to worry about that, since Iowa Democrats haven’t delivered on those issues during the past four years.

Culver visited a Cedar Rapids preschool yesterday and blasted Branstad’s “20th Century thinking” on preschool funding:

“This is an investment we cannot afford to not make in the future,” Culver said about the preschool initiative. He said he budgeted $90 million this year for the program and $115 million next year. […]

“While we want to continue to fund preschool … Terry Branstad wants to take that away,” Culver said. […]

The fiscal 2011 funding will assist an additional 150 school districts and school district collaborations under the statewide voluntary preschool program, he said. It is projected that during the 2010-2011 school year about 21,354 four-year-olds will be served by the preschool program in 326 school districts across the state.

Many Iowa families could not afford early education for their children without the state program. Culver is right to pound Branstad for his screwed-up priorities. Culver also criticized the Republican for wanting to go backwards on state-funded stem cell research, women’s reproductive rights and flood recovery funding for the Cedar Rapids area. Like everyone else in the Iowa GOP, Branstad has criticized the I-JOBS infrastructure bonding initiative but not explained how he would have paid for the flood reconstruction and prevention projects Iowa needs.

Branstad told Todd Dorman of the Cedar Rapids Gazette that he would not try to repeal the I-JOBS bonding, but “also compared I-JOBS to the Greek debt crisis.” Give me a break. The professional investor community drove down the interest rate of the initial I-JOBS offering because of Iowa’s solid fiscal condition and plan for repaying the bonds. In fact, I-JOBS was one of the top 10 “deals of the year” in 2009 according to Bond Buyer, the daily newspaper of public finance.

The latest Iowa poll by Selzer and Co. for the Des Moines Register finds Governor Chet Culver’s approval rating at a new low of 36 percent. Only 34 percent of respondents said Iowa is headed in the right direction, while 57 percent said the state is on the wrong track. The poll was in the field from January 31 to February 3 and surveyed 805 Iowa adults, with a margin of error of plus or minus 3.5 percent.

Culver’s approval rating fell to 36 percent, with 53 percent disapproving. The Des Moines Register’s Iowa poll from September had Culver in positive territory, with 50 percent approval and 39 percent disapproval. The Des Moines Register’s November poll had Culver with 40 percent approval and 49 percent disapproval.

The Des Moines Register noted that since September, Culver’s approval among Democrats has fallen from 72 percent to 57 percent, while Senator Tom Harkin’s approval among Democrats was measured at 77 percent in both polls.

The economic recession is probably a major factor in Culver’s slide. Although the state’s eight leading economic indicators were measured in positive territory in December 2009 (for the first time since April 2007), employment remains weak. Iowa’s seasonally adjusted unemployment rate was 6.6 percent in December 2009, and Iowa Workforce Development found,

Compared to last December, the Iowa economy has lost 40,100 jobs. Manufacturing still leads all sectors in terms of losses, down 19,900 over the year. Trade and transportation and construction followed with losses of 7,900 and 7,700, respectively. Education and health services remained the most resilient sector, adding 2,600 jobs since December 2008.

The slow economy has caused state revenues to fall below projections, which prompted Culver to make a 10 percent across-the-board cut in current-year spending in October. Spending cuts are rarely popular with anyone.

Side note: I wondered last fall whether the scandal surrounding Iowa’s film tax credit, which broke in September, would hurt Culver. I was surprised to see that 61 percent of respondents in the Des Moines Register’s poll think the film tax credit is “good for the state.” The poll question didn’t mention how much the film tax credit has cost compared to the economic impact. I agree with economist Dave Swenson, who thinks the program was flawed from the start.

The latest Register survey also polled Culver against the four Republican challengers. (This portion of the poll, like the approval numbers, is in the print version of the Sunday Des Moines Register but hasn’t appeared on the website yet. I will update this post with a link when that becomes available. UPDATE: Here is the link.) The hypothetical matchups come from a subset of 531 “likely voters,” producing a slightly higher margin of error: plus or minus 4.3 percent.

Former Governor Terry Branstad remains the strongest challenger, beating Culver 53 percent to 33 percent. Bob Vander Plaats leads Culver 43 percent to 40 percent. Strangely, Culver trailed Branstad and Vander Plaats by slightly larger margins in the Register’s November poll, even though his approval rating was a little higher then. Culver barely beats the other Republicans, who are less well known. He leads State Representative Chris Rants 41 percent to 37 percent and State Representative Rod Roberts 41 percent to 36 percent.

Needless to say, it’s never a good sign when an incumbent governor is below 40 percent approval and barely breaks 40 percent against any challenger. Culver needs to make up ground this year in order to be re-elected. The right direction/wrong track numbers show that voters under 35 were more likely than the overall population to think things are going in the right direction, but most of the electorate in November will be over 35.

Culver has chances to improve his standing this year. If the state’s leading economic indicators continue a positive trend, the job market may improve. Also, spending on infrastructure projects supported by the I-JOBS state bonding initiative will pick up in the spring and summer. So far nearly $600 million in I-JOBS money has been awarded, but only $20.7 million has been spent. As the projects take shape, more Iowans will be employed and more people will see the benefits to their communities.

On the political side, Branstad hasn’t received much scrutiny from the media yet, but when the gubernatorial campaign heats up, his accountability problem may become more apparent. A hard-fought Republican primary will exacerbate the rift between moderates and conservatives. Some conservatives have already vowed not to support Branstad if he is the GOP nominee. More focus on the inconsistencies between candidate Branstad and Governor Branstad may help Culver’s standing with Democrats and independents.

Share any relevant thoughts in this thread.

UPDATE: The Des Moines Register’s Kathie Obradovich says Culver may as well start shopping his resume around, but John Deeth argues that Culver is not dead yet.

SECOND UPDATE: The latest poll commissioned by The Iowa Republican blog and the Republican Concordia group found Branstad leading Culver 57 percent to 29 percent and Vander Plaats leading Culver 43 percent to 39 percent. I don’t know much about the firm that conducted that poll, and I would put more stock in Selzer’s numbers for the Des Moines Register.

THIRD UPDATE: The Iowa Democratic Party’s statement on this poll is a bit odd. More on that after the jump.

To depressed Democrats out there, I offer six silver linings of a Branstad candidacy.

FINAL UPDATE: This poll prompted Swing State Project to change its rating of this race from tossup to lean Republican.

Iowa Republicans have been throwing around misleading talking points about the I-JOBS program since the Iowa legislature approved the infrastructure bonding initiative last spring. I’m still waiting for Republicans to address some basic questions, like where would they have found $45 million for flood recovery efforts in Linn County without I-JOBS? What was their plan for repairing ten flood-damaged structures at the University of Iowa, if they didn’t want to issue $100 million in state bonds to leverage $500 million in federal funds to rebuild the campus?

Some Republicans have called for delaying infrastructure projects until we have enough cash to pay for them up front, but Iowa’s worst-ever flooding hit the state during the most severe national recession since World War II. There was no realistic way to pay for flood recovery efforts without state borrowing. Even David Yepsen, a notorious skeptic about state spending, could see that. During the summer of 2008, Iowa State University economist Dave Swenson pointed out, “When you borrow money, that allows you to fix things as quickly as possible,” he said. “You can’t move as quickly on a ‘pay-as-you go’ basis.” Yet every Republican in the legislature voted against borrowing money to repair the damage from the devastating 2008 floods.

In addition to the flood recovery funds allocated to Linn County and the University of Iowa, the I-JOBS program included $118.5 million for “reconstruction of local public buildings and flood control prevention,” to be awarded by competitive grants. It wasn’t enough to fully meet local infrastructure needs across the state; requests for that portion of the I-JOBS money totaled $333.6 million. But it was a good start.

Republicans recently seized on a new talking point: some I-JOBS money is supposedly being spent on projects unrelated to disaster recovery. By way of example, State Representative Pat Grassley mentioned the community center in the Des Moines suburb of Windsor Heights. I contacted Windsor Heights City Manager Marketa George Oliver about this allegation, and she forwarded a copy of a letter from Mayor Jerry Sullivan to Grassley. You can view the whole letter here, but the small print is hard to read, so here’s the relevant excerpt (emphasis in original):

The City is currently constructing a new Community Center. The structure that used to be in [Colby Park] at this location was originally built in a flood plain and was repeatedly flooded. It sustained flood damage year after year and flood after flood. The new structure is being built out of the flood plain and protected from any future flooding, mitigating the effects of a natural disaster. The Center, once finished, will be a heating/cooling facility in the event of prolonged power outages, which is much-needed in our region. In the event of natural disasters, it will also be available as temporary housing. […]

The I-Jobs program gave us the ability to make a substantial investment in mitigating and responding to natural disasters. The program was also able to support our efforts in a timely manner, unlike many other grants programs.

Oliver explained to me that a heating/cooling center is a place residents without power can go during a cold spell or dangerous heat wave.

Republicans will continue to attack the I-JOBS program during this year’s campaigns for governor and state legislature. Democrats need to be ready to defend these infrastructure investments, because journalists will sometimes pass along ill-informed claims like Grassley’s without providing context or an opposing view. In addition, some Republican candidates may falsely suggest that I-JOBS pays for ongoing spending programs instead of capital projects, like bridge and sewer repairs. Maybe they are thinking of Republican Terry Branstad, who borrowed money to solve the state’s cash flow problems in 1992.

Following up on my review of news from the first half of last year, I’ve posted links to Bleeding Heartland’s coverage of Iowa politics from July through December 2009 after the jump.

Hot topics on this blog during the second half of the year included the governor’s race, the special election in Iowa House district 90, candidates announcing plans to run for the state legislature next year, the growing number of Republicans ready to challenge Representative Leonard Boswell, state budget constraints, and a scandal involving the tax credit for film-making.

I expected 2009 to be a relatively quiet year in Iowa politics, but was I ever wrong.

The governor’s race heated up, state revenues melted down, key bills lived and died during the legislative session, and the Iowa Supreme Court’s unanimous ruling in Varnum v Brien became one of this state’s major events of the decade.

After the jump I’ve posted links to Bleeding Heartland’s coverage of Iowa politics from January through June 2009. Any comments about the year that passed are welcome in this thread.

Although I wrote a lot of posts last year, there were many important stories I didn’t manage to cover. I recommend reading Iowa Independent’s compilation of “Iowa’s most overlooked and under reported stories of 2009,” as well as that blog’s review of “stories that will continue to impact Iowa in 2010.”

The editors of the conservative Fort Dodge Messenger are ecstatic about Terry Branstad’s gubernatorial campaign, and they got a little carried away in this Sunday editorial:

Iowa must return to a pay-as-you-go approach to budgeting. Government spending should be carefully aligned with anticipated revenues. As governor, Branstad rigorously adhered to that philosophy. He pledged it will once again become central to state budgeting if he is elected.

Who are they kidding?

Branstad’s sleight of hand on the budget was so notorious that as a three-term incumbent, he almost lost the 1994 GOP primary to Fred Grandy. That campaign centered on “the Mastercard governor” and his record of fiscal mismanagement, including keeping two sets of books to hide deficits.

As State Representative Chris Rants has noted, Branstad likes to take credit for budget reforms that were not his idea and were intended to prevent future governors from repeating his mistakes.

That’s to be expected from a politician, but I expect more reality-based commentary from newspaper editors.

By the way, did you notice how the Messenger editors suggested that Iowa is no longer doing “pay as you go” budgeting? That Republican talking point is supposed to make people believe that Democrats have borrowed money to fund budget line items. In fact, the I-JOBS state bonding program was for capital investment projects. Investors understood that distinction. That’s why the bonds were sold at lower interest rates, and the Bond Buyer daily rated I-JOBS one of the country’s top 10 best financing deals for 2009.

Even after factoring in the I-JOBS program, Iowa’s state debt per capita is low by national standards.

Attacking Governor Chet Culver’s I-JOBS infrastructure bonding initiative continues to be a staple of Republican Party rhetoric. I’ve written about the GOP’s misleading talking points before, but State Representative Chris Rants added a new twist at last night’s fundraising dinner in Scott County. Not long ago, Rants altered his stump speech to complain about Sergeant Bluff receiving an I-JOBS grant while Culver’s recent across-the-board budget cuts will cost the community a larger amount. Speaking to a crowd of 300 in Bettendorf, Rants put a local spin on this story:

Rants began his remarks by sharing the story about Lt. Governor Patty Judge coming to Sergeant Bluff, a town that Rants represents, to give them an I-Jobs grant to refurbish the city hall. Rants then told the audience, “What Patty Judge giveth, Chet Culver taketh away.” Rants then told the crowd that Culver’s fiscal mismanagement will force the Sergeant Bluff school district to increase property taxes by over $400,000.

Rants then asked if anyone in the room knew what Governor Culver’s budget cuts were going to cost the property tax payers in the Davenport School district. Rants informed them that the cost will be $7.6 million. He also drove home the point that, while Sergeant Bluff received $250,000 I-Jobs grant to remodel their city hall, the city of Davenport has not received any I-Jobs money for its big sewer project. Rants’ ability to talk about local issues played well with the audience. Of all the candidate speeches, Rants was the one candidate who grabbed everyone’s attention.

It is clever for Rants to capitalize on local resentment about I-JOBS. Although entities in Scott County have received more than $5 million in I-JOBS grants, officials in the Quad City area have understandably been frustrated by the lack of I-JOBS support for Davenport’s sewer and flood prevention projects.

What Rants glosses over is that without I-JOBS, unmet needs for infrastructure improvements would be even greater. The I-JOBS program includes $118.5 million for flood prevention and reconstructing buildings in communities affected by last year’s flooding. But requests for that portion of the I-JOBS money totaled $333.6 million.

I-JOBS allocated $80 million for water quality improvements, including sewer construction and repair. Substandard and outdated sewer systems are a huge environmental problem in Iowa, as the Des Moines Register’s Perry Beeman and Chase Davis chronicled last week here and here. Iowa has more than 500 unsewered communities. At least I-JOBS and the federal stimulus package will help make a dent in this problem.

Rants wants to have it both ways, criticizing Culver for borrowing while claiming the governor’s program hasn’t done enough for Scott County. If Republicans in Congress and the state legislature had had their way, Iowa cities and towns would not be getting any help this year for improving their sewage systems.

I have yet to hear Rants or any Republican candidate explain how they would have paid for flood recovery projects without state borrowing. For instance, I-JOBS included $100 million targeted for the University of Iowa, which unlocked $500 million in federal funding to help rebuild flood-damaged buildings on campus. How would Republicans have addressed this problem? Would they have turned down the federal funding, and if not, where would they have found $100 million to match the federal dollars?

Linn County received $45 million from I-JOBS for flood recovery. That’s in addition to money raised from the local-option sales tax (which most Republicans opposed). How would Republican candidates have paid for flood recovery in the Cedar Rapids area without I-JOBS?

Terry Branstad’s criticism of I-JOBS reaches a special level of hypocrisy. He asserted on Saturday night, “Too much debt is bad and those that create it should be thrown out of office.” But while he was governor, Branstad used state bonding several times, and his total borrowing in inflation-adjusted dollars was larger than the I-JOBS program. After the jump I’ve posted a press release from the Iowa Democratic Party, which contains more details about Branstad’s use of state bonding.

It’s also worth noting that interest rates are currently near historic lows. That, coupled with Iowa’s rock-solid bond rating, reduced the cost of the I-JOBS borrowing. I would wager that the state had to pay higher interest rates on bonds issued while Branstad was governor.

The U.S. House Transportation and Infrastructure Committee has been keeping track of how states are spending the stimulus funds allocated for roads. On September 2 the committee released a report ranking the states according to how much of the American Recovery and Reinvestment Act funding for highways and bridges had been put to work as of July 31. This pdf file contains the state rankings.

Iowa ranked second overall, having put 75 percent of its stimulus road funds to work by the end of July. Join me after the jump for more details from the report and analysis.  

I saw on Radio Iowa’s site that 16 shelters serving the homeless and victims of family violence will receive a total of $10 million through the I-JOBS state bonding initiative.

Grants will provide approximately half the funding to build new shelters in Des Moines, Iowa City, and Sioux Center. The other grants will pay for almost all of the renovation costs at 13 shelters in Muscatine, Dubuque, Mason City, Des Moines, Cedar Rapids, Waverly, Boone, Davenport, and Burlington. Click here for more details about the 16 shelter projects.

According to the governor’s office,

Last year, more than 17,000 people sought help at Iowa’s shelters. Nearly 8,000 of these clients were members of families, and close to 40% of them were children.

The need is greater this year, probably because of the recession and growing number of foreclosures. From the Radio Iowa report:  

Tim Wilson, executive director of the shelter in Cedar Rapids, says there is an increased demand for services. “We have been very full from the spring through the summer on the men’s beds and particularly the family units. Lately, we’ve been turning away many more people than we can actually accommodate,” Wilson said.

Iowa Republicans keep bashing the I-JOBS program, but their false advertising and misleading talking points aren’t doing a thing to help the thousands of Iowans who need shelters during these tough times.

Disappointing stuff from Lynn Campbell of IowaPolitics.com:

Republican gubernatorial candidate Christian Fong has refused to take down his statewide radio ad, despite complaints and threats of legal action by the Iowa Democratic Party.

“We have no intention to take down the ad,” Marlys Popma, Fong’s campaign manager, told IowaPolitics.com today. “We’re very confident that everything in the ad is completely accurate.”

Fong on Monday launched the 60-second ad called “Iowa Dream” that focuses on introducing himself and outlining his story for Iowa Republicans, but also says: “We have a state government that borrowed almost a billion dollars to pay its bills.” Popma said the $830 million I-JOBS program will actually cost the state about $1.4 billion by the time it’s paid off.

Campbell goes on to quote Iowa Democratic Party chair Michael Kiernan’s statement calling the ad “materially false and misleading.” Finally, Campbell quotes Popma as saying the Fong campaign hasn’t heard directly from the Iowa Democratic Party.

This is a perfect example of bogus “objective” journalism that offers readers nothing but “he said/she said.” If Campbell has spent even 10 seconds wondering whether the state of Iowa is borrowing a billion dollars to pay its bills, you’d never know it from her story.

Yet Fong’s claim can be disproved by minute or two of online research. The I-JOBS program is funding special infrastructure projects, not line items from the budget. If Iowa were borrowing money to meet ongoing spending commitments, the state would not have a AAA bond rating, and the I-JOBS bonds would not have a AA rating.  

For whatever reason, Campbell makes this story about Republican confidence and Democratic “complaints” instead of about the accuracy of Fong’s ad.

I recommend that the folks at IowaPolitics.com read this piece by Philip Meyer on “The Next Journalism’s Objective Reporting.” Excerpt:

True objectivity is based on method, not result. Instead of implying that there is an equal amount of weight to be accorded every side, the objective investigator makes an effort to evaluate the competing viewpoints. The methods of investigation keep the reporter from being misled by his or her own desires and prejudices.

The business network CNBC threw a wrench in the Republican sound bite machine yesterday by ranking Iowa the fourth best state in the country for doing business. Click the link to read Iowa’s scores for 2008 and 2009 in the ten different categories CNBC considered in compiling these rankings. (Iowa ranked ninth overall in 2008.) You can also watch the CNBC segment here.

Iowa improved in almost all of CNBC’s categories from 2008 to 2009. The biggest improvement was in the “economy” category, where Iowa went from 29th in 2008 to 4th in 2009, even as the national recession deepened. While the recession is hurting Iowa along with every other state, we are doing reasonably well under the circumstances. CNBC also moved Iowa up quite a few notches under “technology and innovation” and “transportation and infrastructure.” We have a ways to go to reach the top-ranked states in those areas, which is why the Culver administration is smart to be investing heavily in our infrastructure with the I-JOBS bonding program.

Speaking of I-JOBS, now that most of the bonds have been sold, money is starting to be awarded:

Every city and county in Iowa will receive a portion of $45 million in additional funding under I-JOBS for local street and road projects. These funds will begin being distributed to cities and counties starting next Tuesday.

In addition, $50 million in I-JOBS funds will improve 55 state highway system bridges in 29 counties across the state. Projects in the metro Des Moines area include two I-35 bridges over the Iowa Interstate Railroad, the Iowa 17 bridge over the Des Moines River, and U.S. 69 bridge over Scott Avenue.

Scroll to the bottom of this page to find links to pdf files containing a “list of I-JOBS road funding amounts for all Iowa cities and counties, as well as bridge projects.”

Meanwhile, Iowa Republicans continue to proudly oppose the I-JOBS program. Today Senate minority leader Paul McKinley and others are triumphantly Twittering about an article in the Des Moines Register: Economists question impact of I-JOBS plan. My response is after the jump.

I stand by my prediction that former Governor Terry Branstad will not seek his old job again, but I can’t resist responding to these comments by Republican blogger Constitution Daily:

Now back to Branstad, his credentials as a governor are amazingly good. He governed during the farm crisis and floods of 1993, all while balancing a budget and even having a surplus. […]

Branstad against Culver will be a great campaign. Culver has shown no leadership skills even within his own Party. The flood will be a defining issue. Branstad led us through that with ease where Culver still has us wading through the muck. Culver has no excuses and no one to shift blame to. This is a big advantage for Branstad.

Also with Culver, the budget is massively in the red. Whether or not you agree, the perception is that Branstad always had a balanced budget and didn’t grow government. That is what people want and dream of returning to. Can you imagine the debates between the two? How would Branstad not come out smelling like a rose not just on rhetoric but actual experience?

If Constitution Daily is old enough to have been politically aware during Branstad’s tenure, he is suffering from serious memory loss. I’ll explain why after the jump.

Most of the bonds that will fund the I-JOBS program were sold this week, and Iowa’s solid credit rating fueled strong investor interest. According to State Treasurer Michael Fitzgerald,

investor enthusiasm and high market demand for the Iowa bonds helped drive down the interest rate to 4.31 percent, which resulted in a $42 million yearly payback for the state and a roughly $12 million annual savings over what originally was budgeted to repay the borrowing. […]

“Investors were impressed with the state of Iowa and put their money on the table to show it. There was strong support for the bonds from Iowans and from national institutional investors,” he added.

“This is where our balanced budget, our surpluses that we have and our history of running the state – we’re not California or even Minnesota or Wisconsin or New York right now. All those states are having trouble and we’re doing well,” the state treasurer said. “In fact, one of the investment bankers said Iowa is a refreshing contrast to the other states that have been coming to the market.”

Over $600 million of the I-JOBS bonds have now been sold. Another $115 million of bonds will be issued in 2010.

Speaking to me by phone today, Fitzgerald explained that the I-JOBS bonds are rated AA (a notch lower than the state of Iowa) because they will be repaid out of gaming revenues. We would have had to issue A-grade bonds if Iowa were like other states, which have exhausted their reserve funds and are borrowing simply to meet budget obligations. Investors liked the fact that the I-JOBS bonds will fund capital improvements and not ongoing government spending, Fitzgerald said.

Republicans like Iowa House minority leader Kraig Paulsen and Iowa Senate minority leader Paul McKinley have discounted the importance of Iowa’s AAA bond rating. It’s clear today how wrong they were. If Iowa’s overall financial condition were not strong enough to warrant the AAA bond rating, repaying the I-JOBS bonds would cost $55 million annually instead of $43 million.

A press release from the governor’s office noted that Iowa is among just 11 states that have a AAA bond rating. I’ve posted the full text of that release after the jump.

Once the proceeds from the I-JOBS bonds come through next week, funds will be available for various infrastructure projects, from renovating the Iowa Veteran’s Home in Marshalltown to rebuilding flood-damaged facilities to upgrading sewer systems around the state. Those projects will create jobs while improving the quality of life in many communities.

The I-JOBS Board met in Cedar Rapids today and awarded money for the first time, approving eight flood recovery projects worth $45.5 million. All of the projects are in Linn County except for $500,000 awarded to help the city of Elkader build a new fire station. More details are in this press release from the governor’s office, which I have posted after the jump.

Attacking the I-JOBS bonding program has become a staple of Iowa Republicans’ speeches and newsletters (see also here and here). I would like Republicans to explain how they would pay for flood recovery projects like the ones approved today. Or would they prefer “small government” that doesn’t repair public libraries or build new county offices and fire stations?

The official website for the I-JOBS infrastructure bonding initiative launched yesterday. It’s easy to navigate and includes, among other things:

*the rules for applying for I-JOBS money;

*details on how the bonding money will be directed to various types of infrastructure (transportation, disaster recovery and prevention, environment and water quality, telecommunications and renewable energy, and housing);

*a page where citizens can submit any question about the I-JOBS program;

*an interactive map on the main page which, as I-JOBS money starts to be awarded later this year, will allow users to click on any Iowa county to find out which projects affect that county’s residents.

You can receive updates on the I-JOBS program on Twitter as well.

The only thing I couldn’t find on the site is a link for reporting waste and abuse of I-JOBS money. If that’s not on the site, it should be added, and if it’s already there in an obscure location, it should be moved somewhere easier to find. The official page on the use of federal stimulus funds in Iowa has a link for reporting stimulus fraud right on the main page. Perhaps the I-JOBS webmaster could follow that example, or at least put a link for whistleblowers in the “helpful links” section.

Republicans will be looking for any slip-up in the use of I-JOBS money to bolster their misleading talking points about the infrastructure bonding initiative. It should be easy for Iowans to report any problems they see in their communities.

All government spending on infrastructure is not created equal. With good planning and accountability measures, the federal stimulus and state bonding packages approved this year by Congress and the Iowa legislature could turn out to be wise investments with long-term benefits. Without proper monitoring, we could squander lots of borrowed federal and state money.

Laura Dean of the Huffington Post drew my attention to the Project on Government Oversight‘s review of state websites on the American Recovery and Reinvestment Act (the official name for the stimulus bill). They were specifically looking for resources for those who want to report fraud, waste and abuse in how federal stimulus funds are being used.

The findings are summarized here. Iowa did well as one of only seven states that “listed clear procedures for whistleblowers, such as what information to report, who to report to, and what will be done with that information.” (“Report stimulus fraud” is right on the front page of Iowa’s site, in the “featured links” section.)

However, there’s always room for improvement. The Project on Government Oversight applauded a few especially “whistleblower-friendly websites”:

Tied for first prize were Florida and Georgia, whose sites did an excellent job of providing clear procedures and protections for whistleblowers. Next up were Maine, Connecticut, and Texas, whose websites all did a good job of making the whistleblower’s job just a little bit easier.

Perhaps the webmaster for Iowa’s site on federal stimulus spending can make a few changes based on the Project on Government Oversight’s recommendations (pdf file).

As for state spending on infrastructure, the I-JOBS board will choose projects to receive funds soon. The criteria for selection are clear, and state officials understand the need for transparency in the process. Once the money has been allocated, the I-JOBS website should make it easy for citizens not only to track how the money is being spent, but to report any suspected fraud, waste or abuse.

The I-JOBS board met for the first time on June 3. According to this news release,

The I-Jobs Board is specifically tasked with awarding approximately $165 million of funds from the I-Jobs program. Of  that amount, $46.5 million is earmarked for projects in Linn County, Cedar Rapids, Palo, Elkader and Charles City. The  remaining $118.5 million will be available on a competitive basis to support the construction of projects relating to  disaster relief, mitigation and local infrastructure.

The board approved this tentative timetable for allocating the money. The key date is August 3, when applications are due. As Governor Chet Culver’s deputy chief of staff Phil Roeder told Iowa Independent,

“Everyone in the administration understands that with I-JOBS, time is of the essence,” Roeder said. “In order to have impact on the economy, we have to move quickly.”

I was pleased to see Roeder highlight the importance of transparency for the I-JOBS program. The administration is creating a website that supposedly will allow the public to track how money is being spent. I strongly agree with Kathleen Richardson, director of Iowa Freedom of Information Council, who emphasized the need for the I-JOBS board to follow open meetings rules as well.

Citizens can find draft rules for the I-JOBS program here. You can send comments about these rules to ijobs@iowa.gov.

Meanwhile, Iowa Republicans continue to bring out their misleading talking points, such as this Twitter comment from IowaGOP,

Culver keeps pumping I-JOBS (1st mtg. today.) But how will it help create and keep long-term jobs in IA? Still haven’t heard.

How the program will create jobs should be obvious when you read which kinds of construction projects are eligible for the money (such as roads, bridges, sewers, repairing flood-damaged structures). As for how these public works will keep jobs in Iowa, what part of “quality of life” do Republicans not understand? Also, expanding broadband access in rural areas will allow more Iowans to operate internet-based businesses.

Even Iowa State Economics Professor David Swenson, whom Republicans like to quote on this subject, estimates that the I-JOBS program will create around 4,050 jobs.

Funny, Iowa Republicans don’t acknowledge Swenson’s insight when it comes to ending federal deductibility, which he considers an “archaic holdover” in our state’s tax system. But that’s a point for another post.

Iowa Republicans are bashing Governor Chet Culver for appointing Kate Gronstal to the I-JOBS board, which will decide how to spend $118.5 million of the $830 million in I-JOBS money. Kate Gronstal is the daughter of Iowa Senate Majority Leader Mike Gronstal.

Iowa GOP chairman Matt Strawn slammed what he called “political nepotism”:

“I’m sure there are thousands of qualified engineers in this state that don’t raise the red flag that someone who is an immediate family member of a legislator in charge of ramming this through the Senate,” Strawn said.

Since Culver “declined to respond” to Strawn’s allegation, I want to lay out the case for putting Kate Gronstal on this board.

1. She is qualified for the position as a professionally trained structural engineer. It’s not as if the governor put a well-connected person with no relevant experience on the board.

2. By all accounts she is smart and highly capable. People born into political families have certain doors opened for them. I’m sure Marcus Branstad had a leg up on the competition when he was starting his career in Iowa Republican circles. Who cares as long as he is good at what he does?

3. Kate Gronstal’s presence on the board will subject its award process to a higher level of scrutiny. That’s good.

I supported the large infrastructure bonding package because Iowa’s debt load is not that high, interest rates are relatively low, and public works projects can improve the quality of life in the long term while creating jobs in the short term.

However, it is critically important that the I-JOBS money be spent wisely to benefit whole communities, not just a few wealthy developers.

Iowa Republicans never liked Culver’s bonding plan, and they’ll be watching for any mistakes that bolster their misleading talking points. With Kate Gronstal on the I-JOBS board, Republicans will use any unworthy project approved to highlight alleged Democratic nepotism and mismanagement.

I-JOBS has the potential to make Iowa a better place to live. Governor Culver has appointed a qualified board to administer the program. All the board members, and especially Kate Gronstal, have strong incentives to demonstrate that they can handle this responsibility.

After the jump I’ve posted the governor’s press release containing bios for all members of the I-JOBS Board and the Accountability And Transparency Board, which will “make sure Iowa meets or exceeds the accountability and transparency requirements of the American Recovery and Reinvestment Act” (also known as the federal economic stimulus bill).

Water quality has long been one of Iowa’s biggest environmental problems. Fortunately, the state plans to spend some $455 million cleaning up Iowa rivers and lakes, according to an excellent piece by Perry Beeman in the May 10 edition of the Des Moines Register:

After decades of struggling to address serious pollution problems, the state now has an unprecedented pool of state and federal money to solve some of its worst water-quality problems, said Charles Corell, the water chief of the Iowa Department of Natural Resources.

One of the biggest impacts: improved sewage treatment and septic systems in the 500 towns and rural subdivisions that don’t have any. […]

Much of the new money for water quality was approved last month by the Iowa Legislature as part of a huge bond package pushed by Gov. Chet Culver. Other money was awarded as part of flood recovery efforts.

Money for lake restorations – including popular spots like Clear Lake in Cerro Gordo County and Carter Lake in Pottawattamie County – will more than quadruple. Many predict the much larger pool will fuel recreation opportunities and improve local economies. […]

“You essentially have untreated or under-treated sewage getting into waterways,” said Corell, who visited Truesdale and Greenville on Thursday to discuss proposed sewer projects. “And it’s all the time, not just when it rains.”

After the jump I have posted details Beeman compiled about the new money that will be used to improve water quality in Iowa. A large sum came from the federal economic stimulus bill, which didn’t get a single Republican vote in the House of Representatives. Another major source is the I-JOBS bonding initiative, which passed the Iowa House and Senate last month with no Republican votes.

Republicans keep bashing the federal stimulus spending and the state-level borrowing, as if no Iowans will benefit from these policies (aside from the few thousand people who will work on the projects). One typical example was the e-mail blast Iowa Senate Republican leader Paul McKinley sent out last week. You won’t find it on the comically awful Iowa Senate Republicans website, which appears not to have been updated since April 16. However, I receive “McKinley’s Memos” via e-mail, and I’ve posted the May 15 edition after the jump to give you a flavor of current Republican ideology.

I addressed most of the points McKinley raises in this post. The Party of No’s indiscriminate stance against borrowing fails to recognize that when interest rates are relatively low, bonding to pay for worthwhile projects is a wise investment. It may be hard to assign a dollar value to reducing water pollution in Iowa, but that doesn’t mean it’s not important for human health, biodiversity and local economies.

Hundreds of thousands of Iowans will benefit from the clean water projects discussed in Beeman’s article. If Republicans had their way, the sewer improvements and lake cleanups wouldn’t happen for years, if ever.

Please share your own thoughts about penny-wise and pound-foolish conservative dogma in this thread.

The Iowa House adjourned for the year a little after 5 am today, and the Iowa Senate adjourned a few minutes before 6 am. I’ll write more about what happened and didn’t happen in the next day or two, but I wanted to put up this thread right away so people can share their opinions.

Several major bills passed during the final marathon days in which legislators were in the statehouse chambers nearly all night on Friday and Saturday. The most important were the 2010 budget and an infrastructure bonding proposal. Legislators also approved new restrictions on the application of manure on frozen or snow-covered ground. Another high-profile bill that made it through changes restrictions on convicted sex offenders.

Several controversial bills did not pass for lack of a 51st vote in the Iowa House, namely a tax reform plan that would have ended federal deductibility and key legislative priorities for organized labor.

Not surprisingly, last-minute Republican efforts to debate a constitutional amendment banning gay marriage also failed.

More details and some preliminary analysis are after the jump.

Following up on my post from Wednesday, here’s another issue to bring up when you contact your state representatives and senators. (Hat tip to noneed4thneed.)

Iowa Global Warming is calling on supporters to advocate for at least $25 million in passenger rail funding as part of the huge infrastructure bonding package that is likely to pass. $25 million is less than 5 percent of the cost of the bonding bill.

I’m a fan of calling your elected officials rather than e-mailing this late in the session, because I am not convinced they get through all the messages in their in-boxes.

Iowa Senate switchboard: 515-281-3371

Iowa House switchboard: 515-281-3221

If you prefer to e-mail, Iowa Global Warming has made it really easy for you on this page. They also provide some talking points, such as

– The future of our state economy will be determined by the decisions we make now about infrastructure

– Reliable, efficient and economical rail service connecting Iowa to Chicago and other Midwest cities will ensure that Iowa can fully benefit from the regional economy

Iowa Global Warming has a sample letter ready for you to send, although it’s better to put these things in your own words if you have time.

This thread is for discussing anything Iowa progressives should bring up with their representatives and senators before the end of session. Don’t let anyone tell you elected officials don’t pay attention to how many voters they hear from on an issue.