Culver outlines $6.2 million state budget - KWWL - Eastern Iowa Breaking News, Weather, Closings

Culver outlines $6.2 million state budget

DES MOINES (KWWL) -- Wednesday Governor Chet Culver outlined his $6.2 billion state budget for the next fiscal year.  

The cuts add up to more than $87 million and will likely force significant layoffs of state workers.

Culver proposes dipping into the state's cash reserves for more than $200 million and borrowing $700 million more to be repaid with gambling profits over the next 20 years to pay for storm recovery.

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