Governor Chet Culver’s office issued a news release this morning, bragging about a Moody’s analysis which concluded the level of state debt in Iowa ranks so low, only Nebraska has a lower figure. The news release included this statement from Culver:
“Even after bonding for desperately needed infrastructure investments through I-JOBS, we maintain one of the lowest debts among states.”
That’s deception, according to the campaign of Terry Branstad, the Republican who is challenging Culver’s bid for a second term. Jeff Boeyink, Branstad’s campaign manager, says the Moody’s report does not include the I-JOBS borrowing and I’ve now confirmed that with two other sources. From the Radio Iowa story:
“It’s just a pattern with his administration of not being honest with Iowans about the true financial situation in the state,” Boeyink says.