Right now, we have a one point three billion dollar budget deficit.
CorroboratedRob Sand, at Iowa Governor General Election Debate (KCRG / The Gazette)
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Why we checked itSpecific dollar figure for Iowa's current budget deficit — verifiable against state budget records and highly relevant to the policy debate around school vouchers.
What we foundThe $1.3 billion Iowa budget deficit figure was widely and consistently reported across multiple outlets following the October 2025 Revenue Estimating Conference, making the claim corroborated, though some sources place the figure slightly higher at nearly $1.4 billion.