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Governor Tom Vilsack

(#3144)
June 25, 2004

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IOWA PRESS #3144>>

Borg: IOWA REPUBLICAN LEGISLATIVE LEADERS NEGOTIATE ECONOMIC STIMULUS COMPROMISE WITH THE DEMOCRATIC GOVERNOR. PERSPECTIVE FROM GOVERNOR TOM VILSACK ON THIS EDITION OF "IOWA PRESS."

 

FUNDING FOR THIS PROGRAM WAS PROVIDED BY "FRIENDS," THE IOWA PUBLIC TELEVISION FOUNDATION... GENERATIONS OF FAMILIES AND FRIENDS WHO FEEL PASSIONATE ABOUT THE PROGRAMS THEY WATCH ON IOWA PUBLIC TELEVISION;

AND BY THE IOWA BANKERS ASSOCIATION... FOR PERSONAL, BUSINESS, AND COMMERCIAL NEEDS, IOWA BANKS HELP IOWANS REACH THEIR FINANCIAL GOALS.

ON STATEWIDE IOWA PUBLIC TELEVISION, THIS IS THE FRIDAY, JUNE 25 EDITION OF "IOWA PRESS." HERE IS DEAN BORG.

Borg: WELL, WE DON'T KNOW IF THERE WILL BE A SPECIAL LEGISLATIVE SESSION YET THIS SUMMER. IT DEPENDS ON WHETHER THE EXECUTIVE AND LEGISLATIVE BRANCHES OF IOWA GOVERNMENT CAN COMPROMISE ON THEIR DIFFERING IDEAS ON STIMULATING IOWA'S ECONOMY. THE THIRD BRANCH OF STATE GOVERNMENT, THE SUPREME COURT, SET UP THAT STANDOFF EARLIER THIS MONTH, RULING THE GOVERNOR EXCEEDED HIS ITEM-VETO POWERS IN CARVING OUT SECTIONS OF LEGISLATION PASSED BY THE REPUBLICAN-CONTROLLED LEGISLATURE. THE COURT RULING, THOUGH, INVALIDATED THE ENTIRE PACKAGE, INCLUDING THE VALUES FUND THAT'S ALREADY DISPENSING BUSINESS DEVELOPMENT MONEY. SOME VIEW IT AS A CRISIS REQUIRING IMMEDIATE REMEDY. OTHERS SAY THERE MAY BE AN ADMINISTRATIVE SOLUTION, OR THE STATE CAN WAIT FOR A NEW LEGISLATIVE SESSION CONVENING IN JANUARY. BUT IT ALL COMES DURING THE POLITICAL HEAT PRECEDING NOVEMBER'S GENERAL ELECTIONS. GOVERNOR VILSACK ISN'T UP FOR ELECTION, BUT NO DOUBT HE'D LIKE TO SEE DEMOCRATS RETAKE CONTROL OF THE IOWA LEGISLATURE FOR THE NEXT TWO YEARS OF HIS TERM. GOVERNOR, AM I RIGHT ON THAT?

Vilsack: YOU'RE ABSOLUTELY RIGHT ON THAT.

Borg: I THOUGHT SO. ALSO WITH US HERE AT THE "IOWA PRESS" TABLE: "DES MOINES REGISTER" POLITICAL COLUMNIST DAVID YEPSEN AND "RADIO IOWA" NEWS DIRECTOR KAY HENDERSON.

Henderson: GOVERNOR, YOUR NAME IS POPPING UP ALL OVER THE COUNTRY IN NATIONAL PUBLICATIONS LIKE "NEWSWEEK," IN BROADCAST MEDIA ON THE SUNDAY MORNING TALK SHOWS TALKING ABOUT YOUR POTENTIAL AS A VICE PRESIDENTIAL RUNNING MATE FOR JOHN KERRY. WHERE DOES THAT STAND? ARE WE IN THE HOMESTRETCH HERE? DO YOU THINK A DECISION WILL BE FORTHCOMING IN THE NEXT FEW DAYS?

Vilsack: KAY, YOU'RE GOING TO HAVE TO ASK SENATOR KERRY ABOUT THAT DECISION. THAT IS HIS DECISION AND HIS DECISION ALONE. HE'LL MAKE THE RIGHT DECISION FOR THE COUNTRY AND FOR THE PARTY. I'M ANXIOUS TO WORK HARD FOR JOHN KERRY AND HIS RUNNING MATE. I'LL SUPPORT HIS DECISION ONE HUNDRED PERCENT. BUT LET ME JUST SAY WHAT THIS IS ALL ABOUT. IT IS REALLY ABOUT THE IOWA STORY AND WHAT IOWANS ARE DOING. WE ARE PROMOTING EDUCATIONAL EXCELLENCE, WE'RE PROVIDING HEALTH CARE SECURITY, AND WE ARE PROMOTING ECONOMIC OPPORTUNITY AT A TIME WHERE IT HAS BEEN VERY DIFFICULT IN STATES TO DO THAT. AND I THINK THAT'S THE REASON WHY THERE'S A LOT OF ATTENTION ON IOWA.

Henderson: WELL, HE'S NOT PICKING A STATE TO RUN WITH; HE'S PICKING A GUY. I MEAN YOU'RE A SMART GUY. TELL US DO YOU THINK IT'S BECAUSE OF YOUR PERSONAL STORY OR DO YOU THINK IT'S BECAUSE OF YOUR POLITICAL RECORD OR DO YOU THINK IT'S BECAUSE YOU HAVE SOME RAPPORT WITH THE FELLA?

Vilsack: YOU'LL HAVE TO ASK JOHN KERRY ALL THOSE QUESTIONS. I'M INTERESTED IN TALKING ABOUT WHAT'S HAPPENING IN MY STATE RIGHT NOW. AGAIN, I THINK THAT THE NATIONAL ATTENTION ON IOWA IS A GOOD THING FOR OUR STATE. IT GIVES US AN OPPORTUNITY TO TALK ABOUT OUR SCHOOLS AND EDUCATIONAL EXCELLENCE. IT GIVES US AN OPPORTUNITY TO TALK ABOUT THE FACT THAT WE'VE EXPANDED ACCESS TO HEALTH CARE TO 86,000 CHILDREN, 23,000 SENIORS. AND IT GIVES US AN OPPORTUNITY TO TALK ABOUT THE TREMENDOUS ECONOMIC OPPORTUNITIES THAT EXIST IN THE STATE TODAY IN THE BIOECONOMY.

Yepsen: GOVERNOR, I UNDERSTAND SENATOR KERRY IS THE ONE THAT HAS TO SPEAK TO THIS, BUT I ALSO UNDERSTAND YOU'VE TALKED TO HIM AND SUBMITTED DOCUMENTS. SO TELL US WHAT YOU CAN ABOUT WHAT YOU HAVE DONE WITH SENATOR KERRY VIS-A-VIS THIS WHOLE CHOICE. I DON'T SEE WHAT THE BIG SECRET IS THERE.

Vilsack: HONESTLY, DAVID, THE KERRY CAMPAIGN HAS INDICATED THAT THEY ARE INTERESTED IN MAKING SURE THAT THIS DECISION IS MADE BY THE SENATOR. THEY ARE NOT INTERESTED IN HAVING A LOT OF DISCUSSION ABOUT THIS, AND THE REASON THEY'RE NOT IS BECAUSE THE SENATOR WENT THROUGH THIS PROCESS HIMSELF IN 2000 AND WAS NOT COMPLETELY SATISFIED WITH THE WAY THE PROCESS WAS HANDLED. SO I HONOR THAT AND I RESPECT THAT.

Yepsen: HOW DO YOU SQUARE THIS TALK ABOUT YOU GOING ON THE TICKET WITH HIM OR POSSIBLY BEING EVEN PART OF A PRESIDENT KERRY CABINET WITH THE COMMITMENT YOU MADE, SITTING RIGHT THERE IN THAT CHAIR IN THE LAST CAMPAIGN, THAT YOU'D SERVE OUT YOUR TERM?

Vilsack: THE COMMITMENT I MADE TO THE PEOPLE OF THIS GREAT STATE WAS TO WORK HARD AS THEIR GOVERNOR, AND I'M DOING THAT EVERY SINGLE DAY. WE ARE WORKING HARD TO PROVIDE RESOURCES TO EDUCATION, WHICH IS WHY TODAY WE'RE ANNOUNCING A REDUCTION OF THAT ACROSS-THE-BOARD CUT TO PUT MORE RESOURCES IN K-12, MORE RESOURCES IN COMMUNITY COLLEGES, MORE RESOURCES IN OUR REGENTS UNIVERSITIES. I'M WORKING HARD TO MAKE GOOD ON THE MORAL RESPONSIBILITY THAT WE HAVE TO PROVIDE HEALTH CARE SECURITY FOR CHILDREN AND SENIORS. AND WE MUST WORK HARD. WE MUST WORK HARD TO CREATE MORE ECONOMIC OPPORTUNITY.

Yepsen: I UNDERSTAND THAT AND, YOU KNOW, I UNDERSTAND YOU WANT TO GIVE US YOUR ARGUMENT HERE. BUT MY QUESTION GOES TO THE COMMITMENT YOU MADE TO THE PEOPLE OF IOWA WHEN YOU SOUGHT REELECTION THAT YOU WOULD FILL OUT YOUR TERM. IT CAME UP VERY CLEARLY IN THE CONTEXT OF WHETHER YOU'D RUN AGAINST SENATOR GRASSLEY OR NOT. DON'T YOU RECALL MAKING THAT COMMITMENT?

Vilsack: I AM MAKING GOOD ON THAT COMMITMENT EVERY SINGLE DAY, WORKING HARD AS GOVERNOR OF THIS GREAT STATE, PROMOTING THIS STATE. I WENT TO NORTH CAROLINA NOT TOO LONG AGO AND SAT WITH PRIDE AMONG 12 GOVERNORS AS WE TALKED ABOUT EDUCATION REFORM, RECOGNIZING THAT THE STATE OF IOWA IS WAY AHEAD OF THE REST OF THE NATION IN TERMS OF TEACHER COMPENSATION AND STUDENT ACHIEVEMENT. THAT'S ONE OF THE REASONS WHY WE MADE THE DECISION TODAY TO RESTORE SOME OF THE MONEY THAT WAS TAKEN FROM THE SCHOOLS SO THAT WE COULD CONTINUE TO PUT MORE RESOURCES BEHIND OUR TEACHER COMPENSATION PROGRAM. THAT'S WHAT I AM FOCUSED ON. I AM FOCUSED ON THAT EVERY SINGLE DAY.

Borg: HAS THERE BEEN ANY OTHER MENTION TO YOU, OTHER THAN VICE PRESIDENT, OF POSSIBLY A CABINET POSITION?

Vilsack: THE ELECTION HAS TO TAKE PLACE, AND I THINK THAT THAT'S WHAT WE NEED TO FOCUS ON AS DEMOCRATS. JOHN KERRY HAS A GREAT MESSAGE. HE HAS A MESSAGE ABOUT CREATING TEN MILLION NEW JOBS IN THIS COUNTRY, WHICH WE SORELY NEED. HE HAS A MESSAGE ABOUT PUTTING RESOURCES BEHIND NO CHILD LEFT BEHIND. HE HAS A MESSAGE ABOUT HEALTH CARE COSTS. LET ME TELL YOU, DEAN, AS I TRAVEL AROUND THE STATE AND I TALK TO CITIZENS AND TO FOLKS -- I WAS IN DUBUQUE JUST THE OTHER DAY TALKING TO A MOTHER OF TWO CHILDREN, AND SHE EXPRESSED CONCERNS ABOUT CHILD CARE AND ABOUT HEALTH CARE COSTS AND HOW DIFFICULT IT WAS THAT SHE HAD TO WORK TWO JOBS JUST TO MAKE ENDS MEET. JOHN KERRY IS SPEAKING TO THAT. THAT'S WHAT WE OUGHT TO BE TALKING ABOUT NOW, BECAUSE THAT'S WHAT'S ON THE MINDS OF AMERICANS TODAY.

Henderson: AS I TRAVEL AROUND THE STATE, ONE OF THE THINGS THAT'S ON PEOPLE'S MINDS IS IF YOU GO THEN SALLY PEDERSEN WILL BECOME IOWA'S GOVERNOR. SHE'D BE THE FIRST WOMAN GOVERNOR IN IOWA. IOWA VOTERS HAVE ONCE REJECTED THAT CONCEPT OF HAVING A FEMALE CHIEF EXECUTIVE. WHAT DO YOU SAY TO IOWANS WHO ARE UNCOMFORTABLE WITH HAVING A WOMAN LEAD THEM?

Vilsack: WELL, THEY NEED TO KNOW SALLY PEDERSEN THE WAY I KNOW SALLY PEDERSEN. SHE IS COMPETENT. SHE IS CONFIDENT. SHE HAS THE RIGHT VALUES. SHE UNDERSTANDS THE RESPONSIBILITY WE HAVE IN THIS STATE TO MAINTAIN EDUCATIONAL EXCELLENCE. SHE KNOWS, AS I KNOW, THAT AS WE TRAVEL AROUND THE STATE AND OUTSIDE THE STATE THAT THE WAY WE SELL THE STATE OF IOWA IS WE HAVE GREAT SCHOOLS. SHE IS VERY, VERY SENSITIVE TO THE NEED TO EXPAND ACCESS TO HEALTH CARE. SHE HAS A BEEN A CHAMPION FOR MENTAL HEALTH PARITY, FOR PEOPLE WITH DISABILITIES AND EXPANDING OPPORTUNITIES FOR THEM. AND SHE UNDERSTANDS, AS I DO, THAT WE NEED TO EXPAND THE ECONOMY OF THIS STATE AND WE NEED TO BE A LEADER, KAY. WE NEED TO BE A LEADER IN THIS COUNTRY IN TRANSFORMING NOT JUST OUR ECONOMY BUT THE AMERICAN ECONOMY. WE HAVE A TREMENDOUS OPPORTUNITY -- A TREMENDOUS OPPORTUNITY IN TERMS OF GROWING THE BIOECONOMY. TAKING WHAT WE GROW --

Yepsen: BUT, GOVERNOR --

Vilsack: JUST A MINUTE. LOOK, FOLKS. JUST A MINUTE. THIS IS REALLY IMPORTANT. -- TAKING WHAT WE GROW AND WHAT WE RAISE AND CONVERTING IT INTO PRODUCTS SO THAT WE CAN BECOME ENERGY INDEPENDENT, SO THAT WE CAN PUT MORE MONEY IN THE POCKETS OF FARMERS, SO THAT WE CAN BRING VITALITY BACK TO RURAL IOWA AND RURAL AMERICA. THESE ARE IMPORTANT ISSUES AND IOWA IS WELL SUITED TO LEAD THE NATION.

Yepsen: GOVERNOR, WE'RE NOT HAVING REAL GOOD LUCK WITH YOU HERE TODAY ASKING YOU ABOUT THE VICE PRESIDENCY. [ LAUGHTER ] WELL, LET ME ASK IT A DIFFERENT -- LET ME SOMETHING A DIFFERENT WAY. JUST THE TALK OF THIS IS HAVING AN EFFECT ON IOWA POLITICS. I HEAR REPUBLICANS SAY, WE CANNOT MAKE TOM VILSACK LOOK GOOD BECAUSE WE DON'T WANT TO HELP KERRY CARRY THE STATE; WE DON'T WANT TO HELP HIM WITH HIS POLITICAL CAREER. DO YOU SENSE THAT? IS THAT CAUSING YOU PROBLEMS IN YOUR NEGOTIATIONS WITH THE LEGISLATURE OVER THE VALUES FUND?

Vilsack: NO, NO. I DON'T BELIEVE THAT. I BELIEVE THAT THE LEADERS THAT I'M TALKING WITH ARE PUTTING THE STATE'S INTEREST ABOVE PARTISAN INTERESTS AND ABOVE ANY CONCERN THEY MAY HAVE, ONE WAY OR THE OTHER, ABOUT MY FUTURE. WE OUGHT NOT TO BE CONCERNED -- WE OUGHT NOT TO BE TALKING ABOUT MY JOB. WE OUGHT TO BE TALKING ABOUT THE JOBS FOR THE 4.3 PERCENT OF OUR WORK FORCE THAT IS UNEMPLOYED. WE OUGHT TO BE TALKING ABOUT HOW WE CREATE GREATER ECONOMIC SECURITY FOR THOSE IN THE MANUFACTURING SECTOR OF THIS STATE. WE OUGHT TO BE TALKING ABOUT THE GREAT NEWS OF EXPANSION OF FINANCIAL SERVICES AND INSURANCE JOBS THAT WE'VE BEEN ABLE TO FUND. WE OUGHT TO BE TALKING ABOUT THE FACT THAT THIS YEAR OUR ECONOMIC DEVELOPMENT DEPARTMENT HAD THE BEST YEAR IT HAS EVER HAD, 144 COMPANIES RECEIVING ASSISTANCE, 300 --

Borg: I MEAN --

Vilsack: JUST A MINUTE. -- 376 COMPANIES IN ADDITION TO THE 144 WHO ARE ANXIOUS TO BE PART OF THE IOWA ECONOMY, 11,000 JOBS, $1.4 BILLION OF CONSTRUCTION TAKING PLACE. THAT'S WHAT WE NEED TO BE TALKING ABOUT.

Borg: I'M GOING TO LET YOU TALK ABOUT SOMETHING --

Vilsack: GOOD.

Borg: -- THAT YOU TRIED TO TALK ABOUT TWICE EARLIER, AND THAT IS YOU DID TAKE ACTION TODAY TO GIVE BACK SOME MONEY IN THE CURRENT BUDGET YEAR, MONEY THAT YOU HAD TAKEN AWAY, AN ACROSS-THE-BOARD CUT IN APPROPRIATIONS SEVERAL MONTHS AGO. HOW MUCH MONEY IS IT AND WHO'S GOING TO BENEFIT?

Vilsack: DEAN, THIS IS A REALLY COMPLICATED ISSUE, AND I'M GOING TO TRY TO SIMPLIFY IT AS BEST I CAN. SIX MONTHS AGO IT LOOKED AS IF THE REVENUE PROJECTIONS FOR THE STATE WERE NOT GOING TO MEET TARGET, SO WE ADJUSTED DOWNWARD THOSE REVENUE INVESTMENTS TO THE POINT THAT WE EXPECTED ACTUALLY TO RECEIVE LESS MONEY THIS YEAR THAN WE DID LAST YEAR. AS A RESULT OF OUR WORK AND CREATING NEW ECONOMIC OPPORTUNITY AND WORKING WITH THE PRIVATE SECTOR IN THIS STATE, THE ECONOMY IS BEGINNING TO PICK UP, MORE JOBS ARE BEING CREATED, PEOPLE ARE A LITTLE MORE CONFIDENT. AND AS A RESULT, OUR REVENUES ARE STRONGER. NOW, WE DON'T KNOW FOR CERTAIN HOW MUCH STRONGER THEY ARE AND WON'T KNOW THAT UNTIL SEPTEMBER. SO WE'RE TAKING A PRUDENT APPROACH HERE BY RESTORING SOME, BUT NOT ALL, OF THE MONEY THAT WAS CUT. THE AMOUNT THAT WE'RE GOING TO RESTORE IS ROUGHLY $8 MILLION, AND THE BULK OF THAT IS GOING TO GO INTO EDUCATION. ABOUT $4.5 MILLION GOES TO OUR K-12 SYSTEM, ABOUT 1.5 TO OUR REGENTS UNIVERSITIES, ABOUT A HALF MILLION DOLLARS, I BELIEVE, TO COMMUNITY COLLEGES, AND THEN ABOUT $800,000 IS GOING TO GO TO TEACHER COMP AND OTHER RELATED EDUCATION PROGRAMS.

Borg: THAT'S FOR THE CURRENT BUDGET YEAR, AND IT ENDS AT THE END OF JUNE, SO THEY DON'T HAVE LONG TO SPEND THAT MONEY.

Vilsack: WELL, THEY DON'T HAVE TO SPEND IT BY THE END OF JUNE. WE JUST SIMPLY HAVE TO APPROPRIATE IT AND DISBURSE IT BY THE END OF JUNE, WHICH MEANS THAT, FOR SOME SCHOOLS, THEY'LL BE ABLE TO INCREASE THEIR RESERVES, WHICH IS A GOOD THING BECAUSE THEIR RESERVES HAVE BEEN TAPPED. FOR SOME SCHOOLS, IT MAY MEAN THE ABILITY TO HIRE AN ADDITIONAL TEACHER OR KEEP THAT CLASS SIZE REDUCED. FOR THE REGENTS UNIVERSITIES, IT MAY MEAN THE OPPORTUNITY TO PUT MORE MONEY INTO ECONOMIC DEVELOPMENT RESOURCES. FOR THE COMMUNITY COLLEGES, IT MAY MEAN AN EXPANSION OF JOB TRAINING. AND FOR TEACHER COMPENSATION, IT MEANS THAT WE'RE GOING TO CONTINUE MOVE FORWARD, AS WE MUST, IN WHAT IS A GROUNDBREAKING PROGRAM THAT WE HAVE IN THE STATE OF IOWA.

Borg: NEXT YEAR'S BUDGET IS TIGHT TOO. IN FACT, MANY DEPARTMENTS THINK THEY'RE GOING TO HAVE TO LAY OFF PEOPLE. IS THAT GOING TO AT ALL HELP MITIGATE THAT?

Vilsack: IT WON'T BECAUSE THE MONEY THAT WOULD GO TO A DEPARTMENT MUST BE SPENT, MUST BE EXPENDED BY THE END OF THE FISCAL YEAR, AND IT WILL LIKELY REVERT BACK TO THE GENERAL FUND. WE EXPECT AND ANTICIPATE THAT THERE WILL BE A HEALTHY ENDING BALANCE AT THE END OF THIS FISCAL YEAR, WHICH WAS SOMEWHAT DIFFERENT THAN WHAT OUR EXPECTATIONS WERE SIX MONTHS AGO. THIS IS VERY DIFFICULT. IT'S LIKE LOOKING INTO A CRYSTAL BALL AND TRYING TO PREDICT THE FUTURE, SO WE WANT TO BE PRUDENT. WE WANT TO BE REASONABLE BUT WE THINK THAT THERE'S ENOUGH LEEWAY IN THE BUDGET TO ALLOW THIS TO HAPPEN.

Yepsen: GOVERNOR, THE STATE BUDGET IS ABOUT $4.5 BILLION. THIS RESTORES $8 MILLION OF SPENDING. YOU GO FROM A 2.5-PERCENT CUT TO A 2.25-PERCENT CUT. IS THAT A BIG DEAL? ISN'T THIS JUST PENCIL DUST, AS TOM HARKIN WOULD CALL IT?

Vilsack: WELL, I'LL TELL YOU, IT'S A BIG DEAL TO THE TEACHER WHO CURRENTLY IS UNDER THE IMPRESSION THAT HE OR SHE MAY BE LAID OFF OR MIGHT BE REHIRED. IT'S A BIG DEAL TO THOSE YOUNGSTERS WHO ARE GOING TO HAVE OPPORTUNITIES THAT THEIR SCHOOL DISTRICT WILL BE ABLE TO PROVIDE NOW THAT THEY HAVE SOME ADDITIONAL RESOURCE. IT'S A BIG DEAL TO THE REGENTS UNIVERSITIES IN TERMS OF THEIR ABILITY TO MAINTAIN EDUCATIONAL EXCELLENCE AND THEIR STANDING AMONG OTHER TOP UNIVERSITIES IN THE COUNTRY. IT'S A BIG DEAL IN A COMMUNITY COLLEGES BECAUSE NOBODY STRETCHES A DOLLAR BETTER AND DOES MORE WITH IT THAN THE COMMUNITY COLLEGES. AND IT IS A VERY BIG DEAL WHEN WE TALK ABOUT TEACHER COMPENSATION AND STUDENT ACHIEVEMENT. I CAN'T TELL YOU HOW FAR AHEAD THE STATE OF IOWA IS RELATIVE TO TEACHER COMPENSATION, BASED ON MY VISIT IN NORTH CAROLINA. LET ME TELL YOU WHAT THE WARNING SIGN IS. THE STATE OF NORTH CAROLINA NOW HAS 6,000 -- NOT 60, NOT 600 -- 6,000 BOARD CERTIFIED TEACHERS. WE HAVE 3- OR 400-. NORTH CAROLINA AND OTHER STATES ARE TRYING TO MOVE UP. AND WE'RE KIND OF LIKE SMARTY JONES; WE'RE AHEAD BUT WE'VE GOT TO BE CAREFUL ABOUT WHAT'S CATCHING UP TO US BECAUSE THEY MAY CATCH US --

Yepsen: BUT $7 MILLION ISN'T GOING TO CHANGE THAT; IS IT, GOVERNOR?

Vilsack: IT IS GOING TO CHANGE IT, DAVID. IT'S GOING TO CHANGE IT, AND IT'S GOING TO SEND A CLEAR SIGNAL WHERE OUR PRIORITIES ARE. AND THAT IS IMPORTANT. EDUCATIONAL EXCELLENCE, HEALTH CARE SECURITY, ECONOMIC OPPORTUNITIES. IT'S GOING TO SEND A CLEAR MESSAGE, NUMBER ONE. NUMBER TWO, IT IS GOING TO MAKE A DIFFERENCE FOR INDIVIDUAL SCHOOL DISTRICTS. IT WILL GIVE THEM GREATER FLEXIBILITY AND GREATER OPPORTUNITY. WOULD IT BE BETTER IF IT WERE MORE? OF COURSE.

Yepsen: ON ANOTHER ISSUE IN THE NEWS, ON THURSDAY THE SUPREME COURT STRUCK DOWN THE SENTENCING GUIDELINES IN THE STATE OF WASHINGTON. THE INDICATIONS ARE THIS MAY HAVE A LARGE IMPACT ON FEDERAL SENTENCING GUIDELINES, CERTAINLY ON ABOUT A DOZEN STATES. DO YOU HAVE ANY IDEA WHAT THIS IS GOING TO DO TO IOWA'S SENTENCING GUIDELINES, SENTENCING LAWS?

Vilsack: I DON'T KNOW SPECIFICALLY WHAT THE IMPACT OF THE SUPREME COURT DECISION WILL BE ON WHERE WE ARE IN THE STATE OF IOWA, BUT I WILL TELL YOU THAT WE ARE DOING A VERY GOOD JOB OF TRYING TO MANAGE OUR PRISON POPULATION AND TO MAINTAIN THE SAFETY AND SECURITY OF OUR COMMUNITIES. WE HAVE BEEN VERY CLOSE TO OR AT A RECORD NUMBER OF FOLKS IN PRISON. WE ARE WORKING HARD TO EXPAND OPPORTUNITIES FOR COMMUNITY-BASED CORRECTIONS IN THE BUDGET THAT WE SIGNED. IT PROVIDES A LITTLE MORE RESOURCE TO MAKE THAT HAPPEN. WE HAVE TO DO A BETTER JOB -- REGARDLESS OF THE GUIDELINES, WE HAVE TO DO A MUCH BETTER JOB PROVIDING TRAINING AND EDUCATION AND DRUG COUNSELING TO THOSE IN PRISON SO THAT WE DON'T CREATE THIS REVOLVING DOOR THAT'S PART OF OUR PAST.

Yepsen: BUT IS IT POSSIBLE THAT THE U.S. SUPREME COURT HAS THROWN OUT IOWA SENTENCING LAWS HERE IN THE COURSE OF THROWING OUT THE STATE OF WASHINGTON'S, OR WOULD WE BE JUST IMMUNE FROM ALL OF THAT?

Vilsack: WELL, I'D HAVE TO TAKE A LOOK AT THE COURT CASE AND, HONESTLY, I HAVE NOT HAD A CHANCE TO DO THAT. BUT HAVING SAID THAT, I THINK THAT WE HAVE APPROACHED THIS IN A FAIRLY REASONABLE WAY. AND I DON'T KNOW WHAT THE DIFFERENCES AND DISTINCTIONS MAY BE BETWEEN WHAT WE ARE DOING AND WHAT THE STATE OF WASHINGTON IS DOING THAT MIGHT MAKE A DIFFERENCE RELATIVE TO THE IMPACT OF THAT COURT CASE.

Henderson: LET'S TALK ABOUT THE BILL THAT THE IOWA SUPREME COURT NULLIFIED, THE IOWA VALUES BILL WHICH ENCOMPASSED OTHER THINGS. HAVE YOU FOUND AN ADMINISTRATIVE SOLUTION THAT WOULD LEGALIZE THE 36 COMMITMENTS THAT HAVE ALREADY BEEN MADE, OR WILL THERE BE A SPECIAL SESSION NECESSARY?

Vilsack: WELL, THE PREFERRED WAY OF DOING THIS, KAY, IS TO HAVE A SPECIAL SESSION, WITH THE LEGISLATURE AND THE EXECUTIVE BRANCH AGREEING. THAT'S THE PREFERRED WAY. IF, AS IS CURRENTLY THE CASE, HOUSE REPUBLICANS AND HOUSE -- OR SENATE REPUBLICANS CANNOT AGREE ON WHAT THAT COMPROMISE OUGHT TO LOOK LIKE AND A VACUUM IS CREATED, WE'RE GOING TO DO EVERYTHING WE CAN TO MAKE SURE THAT THOSE JOBS ARE PRESERVED. WE'RE GOING TO DO EVERYTHING WE CAN TO MAKE SURE THAT THE PROGRESS THAT WE'RE MAKING RELATIVE TO THE REGENTS UNIVERSITIES AND THEIR CONNECTION TO THE IOWA ECONOMY AND TO A NEW ECONOMY FOR IOWA IS PRESERVED. WE BELIEVE THERE IS A WAY TO DO IT, BUT I WOULD PREFER TO DO IT WITH THE LEGISLATURE.

Yepsen: WHERE IS THE ROOM FOR COMPROMISE, GOVERNOR? WHAT ARE YOU PREPARED TO COMPROMISE ON WITH THE LEGISLATURE? SEND THEM A SIGNAL ABOUT WHAT YOU WOULD LIKE TO GIVE ON FROM PREVIOUS POSITIONS.

Vilsack: WELL, WE SENT A VERY STRONG SIGNAL WHEN WE MET WITH LEGISLATIVE LEADERS MONDAY OF THIS WEEK. WE INDICATED AND RECOGNIZED THAT THE SUPREME COURT CASE RELATIVE TO WORKERS COMP CREATED A CIRCUMSTANCE AND SITUATION THAT WAS DIFFICULT FOR BUSINESS. WE'RE HAPPY TO WORK ON THAT, BUT WE DON'T THINK WE NEED TO NECESSARILY SUBSTANTIALLY CHANGE THE WORKERS COMP SYSTEM TO DO THAT. WE THINK WE CAN ADDRESS THE COURT CASE AND RETURN IT TO WHERE IT WAS BEFORE THE COURT CASE, WITHOUT JEOPARDIZING THE ABILITY OF INJURED WORKERS. THIS IS WHAT'S INTERESTING ABOUT THIS DISCUSSION. THERE IS AN INDICATION OR BELIEF AMONG SOME THAT THE STATE OF IOWA HAS A VERY EXPENSIVE WORKERS COMP SYSTEM. BUT IF YOU LOOK AT THE COST OF OUR SYSTEM, FOR EVERY $100 OF WAGES PAID, WHICH IS A CONSTANT MEASURE, THE STATE OF IOWA RANKS 42ND IN THE COUNTRY IN TERMS OF COST. SO WE HAVE A VERY EFFECTIVE AND EFFICIENT SYSTEM. WE HAVE A VERY BALANCED SYSTEM. WE DON'T WANT TO DESTROY THAT BALANCE, BECAUSE IT'S FAIR.

Yepsen: WHAT ABOUT THE FACT THAT WE PAY THE HIGHEST BENEFITS IN THE COUNTRY?

Vilsack: WELL, THE BOTTOM LINE TO BUSINESS IS HOW MUCH THEY PAY IN PREMIUMS. THAT'S WHAT IMPACTS THE PROFIT LINE, THE BOTTOM LINE. AND WHAT I'M SAYING IS WE'RE 42ND IN THE COUNTRY RELATIVE TO PREMIUMS. AT THE SAME TIME, BECAUSE WE HAVE AN EFFICIENT SYSTEM AND AN EFFECTIVE SYSTEM, WE CAN MAKE SURE THAT INJURED WORKERS AND THEIR FAMILIES ARE CARED FOR. IT IS A FAIR SYSTEM AND WE WANT TO MAINTAIN THE FAIRNESS AND THE BALANCE. IF I MAY ASK -- ANSWER THE BALANCE OF THE QUESTION YOU ASKED ABOUT WHAT ARE WE WILLING TO DO. WE INDICATED A WILLINGNESS TO WORK WITH THE LEGISLATURE TO SIMPLIFY THE INCOME TAX SYSTEM, AND I EXPLAINED TO MY LEGISLATIVE FRIENDS THAT THAT IS REALLY THE COMPETITIVE BARRIER THAT EXISTS. IT'S NOT HOW MUCH WE'RE COLLECTING. IT'S THE PERCEPTION OF OUR SYSTEM. THAT NEEDS TO BE CHANGED. THERE HAVE BEEN DISCUSSIONS BY, I BELIEVE, HOUSE REPUBLICANS ABOUT THE POSSIBILITY OF ACCELERATED DEPRECIATION AND COUPLING WITH THE FEDERAL CHANGES. THAT'S SOMETHING THAT WE CERTAINLY COULD SIT DOWN AND TALK ABOUT. WE TALKED ABOUT THE SURCHARGE ON UNEMPLOYMENT COMPENSATION, WHICH GOES FOR ANOTHER TWO AND A HALF TO THREE YEARS. THERE'S A POSSIBILITY WE COULD MAINTAIN THOSE -- THE WORK FORCE DEVELOPMENT OFFICES, WHICH ARE VERY IMPORTANT TO SMALL BUSINESS, VERY IMPORTANT TO UNEMPLOYED WORKERS. WE CAN MAINTAIN THOSE IN RURAL COMMUNITIES AND AT THE SAME TIME LOOK FOR ALTERNATIVE WAYS TO FINANCE THOSE OFFICES. SO THERE'S PLENTY OF ROOM FOR COMPROMISE. BUT WHAT I DON'T WANT TO COMPROMISE AND WHAT I DON'T THINK THE STATE SHOULD COMPROMISE IS THAT EDUCATIONAL EXCELLENCE, THAT HEALTH CARE SECURITY, AND ECONOMIC OPPORTUNITY THAT WE'RE ALL WORKING TOWARDS.

Yepsen: JUST SO WE'RE CLEAR ABOUT THIS, YOU MENTIONED ACCELERATED DEPRECIATION. REPUBLICANS ARE SUGGESTING THAT, WELL, IF WE CAN'T -- THE HOUSE REPUBLICANS ARE SUGGESTING THAT IF WE CAN'T GIVE GOVERNOR VILSACK AN $310-MILLION INCOME TAX CUT -- HE WON'T TAKE THAT -- MAYBE HE'LL TAKE A $70-SOME-MILLION CUT ON ACCELERATED DEPRECIATION, WHICH IS BASICALLY A TAX CUT TO BUSINESSES. YOU'RE SAYING HERE TODAY YOU'RE WILLING TO TALK ABOUT THAT?

Vilsack: I'M WILLING TO TALK ABOUT THAT, AND HERE'S WHY: BECAUSE IT IS ESSENTIALLY A ONE-TIME OPPORTUNITY FOR BUSINESS, A ONE-TIME OPPORTUNITY. IT'S NOT AN ONGOING REDUCTION IN REVENUES. YOUR VIEWERS HAVE TO RECOGNIZE THAT WE'VE HAD ABOUT $900 MILLION ANNUALLY IN TAX RELIEF. WE'VE GONE FROM 16TH IN THE COUNTRY IN TERMS OF TAX BURDEN TO 27TH. THE BUDGET I SIGNED WAS $311 MILLION LESS THAN THE FIRST BUDGET I HAD AS GOVERNOR. NO GOVERNOR IN THIS STATE HAS EVER HAD TO GO THROUGH THIS KIND OF CIRCUMSTANCE AND, FRANKLY, VERY FEW GOVERNORS IN THE COUNTRY HAVE HAD TO GO THROUGH IT. SOME GOVERNORS HAVE REDUCED THE LEVEL OF SPENDING, BUT VERY FEW HAVE ACTUALLY REDUCED SPENDING. AND WE'VE MADE SOME TOUGH CHOICES AND HARD CHOICES. BUT WHAT I DON'T WANT TO DO, UNDERSTANDING THE IMPORTANCE -- THE ABSOLUTE VITAL IMPORTANCE OF EDUCATION, I DO NOT WANT TO COMPROMISE OUR EDUCATIONAL EXCELLENCE BECAUSE ONCE SOMEBODY CATCHES UP TO US, IT WILL BE VERY HARD FOR US TO MAINTAIN OUR LEAD.

Henderson: YOU MENTIONED WORK FORCE DEVELOPMENT CENTERS. BUSINESSES ARE PAYING A SURCHARGE TO FINANCE THE OPERATION OF 56 OF THOSE SENATORS -- CENTERS, RATHER. WHAT'S TO SAY THAT A BUSINESS QUITS PAYING THAT, BECAUSE THERE'S NO LEGAL OBLIGATION RIGHT NOW? ALSO, THERE'S A CHANGE IN THAT LEGISLATION THAT DEALT WITH THE WAY STATE CHARTERED BANKS ASSESS OVERDUE FEES TO CREDIT CARD HOLDERS. DON'T YOU NEED TO FIX THOSE THINGS IMMEDIATELY?

Vilsack: I THINK WE DO AND I THINK THAT THERE ARE WAYS IN WHICH WE CAN KEEP THE WORK FORCE DEVELOPMENT OFFICES OPEN. I'M WILLING TO EXPLORE, WITH OUR LEGISLATIVE FRIENDS, WAYS IN WHICH WE CAN FINANCE THOSE WORK FORCE DEVELOPMENT OFFICES. HERE'S WHY IT'S IMPORTANT TO KEEP THEM OPEN. YOU MENTIONED 56 OF THEM, KAY. THEY'RE PRIMARILY IN SMALL COMMUNITIES AND RURAL COMMUNITIES. A SMALL BUSINESS IN THOSE COMMUNITIES DOES NOT HAVE A HUMAN RESOURCE OFFICE. IT DOESN'T HAVE A PERSONNEL OFFICE. IT CAN'T AFFORD IT. SO THE WORK FORCE DEVELOPMENT OFFICE ACTS AS A WAY IN WHICH THEY CAN FIND QUALIFIED HELP. AT THE SAME TIME, IT IS THE LIFELINE FOR THOSE WHO LOSE THEIR JOB AS OUR ECONOMY GETS TRANSFORMED. SO IT'S VERY IMPORTANT FOR US -- VERY IMPORTANT FOR US TO KEEP THOSE OFFICES OPEN. SO WE NEED TO LOOK FOR A WAY TO FINANCE THAT, AND I THINK WE CAN FIND A WAY TO DO THAT WITHOUT NECESSARILY TAXES BUSINESS. AND THAT COULD BE ANOTHER OPPORTUNITY FOR US TO DISCUSS COMPROMISE.

Henderson: YOU JUST REFERRED TO LEGISLATORS AS FRIENDS. SOMETIMES YOU REFER TO THEM AS FOLKS WHO DON'T UNDERSTAND THE ISSUE. WHICH IS IT: DUMBKINS -- I MEAN PEOPLE WHO DON'T UNDERSTAND THINGS, OR PEOPLE WHO ARE FRIENDS AND CAN COME TO COMPROMISE? I MEAN YOU SEEM TO GIVE TWO SEPARATE SIGNALS, WHICHEVER DAY SEEMS TO FIT.

Vilsack: WELL, I'M NOT SURE WHAT YOU'RE REFERRING TO, BUT LET ME JUST SAY THAT WE HAD A GOOD, POSITIVE CONVERSATION ON MONDAY. WE WERE SUPPOSED TO MEET ON TUESDAY. REPUBLICAN LEADERS CANCELED THAT MEETING BECAUSE I DON'T THINK THEY HAD AN OPPORTUNITY BETWEEN THE HOUSE AND THE SENATE TO CONVERSE. MY SINCERE HOPE IS THAT THE HOUSE AND SENATE REPUBLICANS COME UP WITH A CONSISTENT APPROACH THAT THEY CAN GIVE TO US AND THAT WE CAN BEGIN MEANINGFUL DISCUSSIONS AS SOON AS POSSIBLE.

Yepsen: WHY DON'T YOU FLIP THAT AROUND, GOVERNOR? WHY DON'T YOU PUT A PACKAGE IN FRONT OF THEM? I MEAN YOU JUST DISCUSSED SEVERAL THINGS THAT ARE --

Vilsack: I DID.

Yepsen: YOU DIDN'T TALK ABOUT THE PERMANENT -- THE FUNDING MECHANISM FOR THE VALUES FUND. THAT COULD BE PART OF THE PACKAGE. BUT WHY ISN'T THERE A TOM VILSACK PACKAGE THAT SAYS WE'RE GOING TO DO ACCELERATED DEPRECIATION, WE SHOULD DO --

Vilsack: THERE IS. THERE IS, DAVID. THAT'S PRECISELY THE NATURE OF OUR CONVERSATIONS ON MONDAY. WE PUT SPECIFIC PROPOSALS ON THE TABLE FOR LEGISLATIVE CONSIDERATION. WE'RE NOW WAITING FOR A RESPONSE TO THOSE -- TO THOSE PROPOSALS.

Yepsen: THE PROBLEM, GOVERNOR, IS WITH SENATE REPUBLICANS. WHAT DO YOU HAVE TO DO TO GET THEM OFF THE DIME?

Vilsack: WELL, I THINK IT'S MORE WHAT THEIR CONSTITUENTS, THE FOLKS WHO SUPPORT THEM, AND THE LEADERSHIP HAVE TO DO. I THINK IT'S VERY, VERY IMPORTANT FOR SENATE REPUBLICANS TO UNDERSTAND THAT THIS IS A CRITICAL PERIOD OF TIME FOR THE STATE. WE HAVE MOMENTUM. WE HAVE ENORMOUS EXPANSION OF INTEREST IN THE STATE OF IOWA. WE WANT TO MAINTAIN THAT MOMENTUM. WE HAVE PROVED I THINK IN THE LAST 12 MONTHS THAT THE VALUES FUND CONCEPT WORKS. WE HAVE PROVED THAT IT WILL GENERATE REVENUE THAT WILL ALLOW US TO DO A BETTER JOB OF EDUCATING OUR CHILDREN AND EXPAND ACCESS TO HEALTH CARE AND MAKE THIS A BETTER STATE. YOU KNOW, THE STATE OF IOWA IS BEGINNING TO GET NATIONAL RECOGNITION IN A LOT OF SURVEYS RELATIVE TO QUALITY OF LIFE, QUALITY OF THE HEALTH CARE SYSTEM, QUALITY OF THE EDUCATION SYSTEM, QUALITY OF OUR ENVIRONMENTAL EFFORTS. AND THERE'S AN IMPORTANT NECESSITY THAT WE CONTINUE THAT MOMENTUM.

Yepsen: IS THIS NOT AN EXAMPLE, WITH THE SENATE REPUBLICANS, OF WHAT I WAS ASKING YOU ABOUT EARLIER: THEY'RE GOING TO TRIP UP TOM VILSACK TO MAKE HIM LOOK BAD IN A NATIONAL CONTEXT?

Vilsack: WELL, I SINCERELY HOPE THAT THAT'S NOT THEIR PHILOSOPHY AND STRATEGY. I'M NOT GOING TO ASPIRE TO THAT THEORY. I BELIEVE THAT THEY UNDERSTAND THE IMPORTANCE OF THIS TO THE STATE AND THE PEOPLE, AND I HOPE THAT THEY PUT THE INTEREST OF THE PEOPLE OF THE STATE OF IOWA ABOVE ANY CONCERN THEY MAY HAVE ABOUT WHAT MY FUTURE MIGHT BE.

Yepsen: WILL YOU TAKE THIS TO THE PEOPLE IN THE FALL CAMPAIGN? THERE ARE 18 REPUBLICAN STATE SENATORS SEEKING REELECTION. IF YOU DON'T GET AN AGREEMENT, WILL YOU BE OUT THERE RUNNING AGAINST THEM ON THIS ISSUE?

Vilsack: I THINK THERE ARE ESSENTIALLY THREE ISSUES THAT THE PEOPLE OF THIS GREAT STATE HAVE TO DECIDE IN NOVEMBER, AND THAT IS: DO WE WANT TO CONTINUE TO HAVE EXCELLENT SCHOOLS; DO WE WANT TO CONTINUE TO INVEST IN MAKING SURE THAT WE HAVE QUALITY TEACHERS IN THE CLASSROOM; DO YOU WE BELIEVE THAT WE HAVE A MORAL RESPONSIBILITY TO PROVIDE HEALTH CARE TO SENIORS AND VETERANS AND CHILDREN AND, IF WE DO, ARE WE WILLING TO FINANCE IT; AND FINALLY, WHAT IS THE BEST MECHANISM FOR TRANSFORMING THIS ECONOMY SO THAT OVER TIME WE HAVE AN ECONOMY THAT BETTER SUPPORTS OUR VALUES? I BELIEVE THOSE ARE THE THREE ISSUES THAT OUGHT TO BE DISCUSSED AND TALKED ABOUT, AND I'M CONFIDENT THAT THE PEOPLE OF THIS GREAT STATE ARE GOING TO MAKE THE RIGHT SET OF DECISIONS IN NOVEMBER.

Henderson: BUT EXPLAIN TO US WHERE THE AREAS OF COMPROMISE CAN BE FOUND IN AN ERA WHEN WE HAVE AN ELECTION LOOMING, YOU ARE NATIONAL PRESTIGE. IF YOU COULDN'T COME TO AN AGREEMENT RIGHT AFTER THE 2002 ELECTION WHEN THERE WAS GREAT HARMONY UP AT THE STATEHOUSE, HOW ARE YOU GOING TO COME TO AN AGREEMENT WHEN THERE'S GREAT ACRIMONY?

Vilsack: WELL, I THINK THE DYNAMICS ARE A LOT DIFFERENT TODAY. I THINK WE NOW HAVE HAD TWELVE MONTHS OF GREAT SUCCESS WITH THE VALUES FUND. WHEN WE STARTED THE VALUES FUND, THERE WERE ABOUT 50 TO 60 COMPANIES INTERESTED IN THE STATE OF IOWA. TODAY, 376, AND 144 OF THEM RECEIVE BENEFITS; A TEN-FOLD INCREASE IN TWELVE MONTHS. WHEN WE STARTED THE VALUES FUND, WE HAD THE HOPE THAT WE WOULD CREATE GOOD PAYING JOBS. WE NOW HAVE 11,000 JOBS CREATED OR RETAINED, PAYING ROUGHLY $39,000 A YEAR ON AVERAGE, GENERATING 1.4 BILLION OF CONSTRUCTION AND MORE JOBS, AND A RETURN TO THE STATE OF $30 MILLION ANNUALLY. IT IS WORKING AND WE HAVE FACTS AND DATA NOW TO PROVE IT. SO MY BELIEF IS PEOPLE WILL BE MOTIVATED AND MOVED BY THAT INFORMATION AND WILL MAKE THE RIGHT SET OF DECISIONS.

Yepsen: GOVERNOR, WE'VE GOT LESS THAN A MINUTE LEFT. DES MOINES GAMBLING -- DES MOINES WANTS A -- IS TALKING ABOUT A GAMBLING -- ANOTHER GAMBLING BOAT ADDITION TO PRAIRIE MEADOWS. DO YOU LIKE THAT IDEA OR SHOULD THAT ADDITIONAL FACILITY GO TO ANOTHER COMMUNITY THAT DOES NOT HAVE IT IN THE STATE?

Vilsack: I HAVE A LOT OF CONFIDENCE IN THE GAMING COMMISSION. MIKE MAHAFFEY CHAIRS THAT COMMISSION. I THINK HE DOES A GREAT JOB. I THINK THEY UNDERSTOOD THE SIGNAL THAT WAS SENT BY THE LEGISLATURE THAT THE EXPECTATION IS THERE WILL BE ADDITIONAL LICENSES. I THINK THEY WILL MAKE A DECISION ON THE LOCATION OF THOSE ADDITIONAL LICENSES BASED UPON WHAT IS BEST FOR THE STATE AND FOR THE INDUSTRY. WHAT WE DON'T WANT TO HAVE HAPPEN IS WE DON'T WANT TO CANNIBALIZE THE EXISTING OPERATIONS. THIS IS REALLY ABOUT TAPPING UNTAPPED MARKETS, AND SO I THINK THAT THE GAMING COMMISSION WILL TAKE A LOOK AT THAT AND STUDY THIS VERY CAREFUL AND MAKE THE RIGHT DECISION IN TERMS OF EXPANSION OPPORTUNITIES.

Yepsen: YOU SAID, GOVERNOR, YOU WERE GOING TO THE YANKEES/RED SOX GAME AT THE DEMOCRATIC NATIONAL CONVENTION. WHICH TEAM WILL YOU BE ROOTING FOR?

Vilsack: I AM A RED SOX FAN IN THE AMERICAN LEAGUE. I'LL TELL YOU ONE THING; I HOPE THAT THE RED SOX AND THE CUBS NEVER PLAY IN THE WORLD SERIES BECAUSE I THINK --

Yepsen: OH, THAT WOULD BE GREAT.

Vilsack: OH, I THINK THE WORLD MIGHT END IF THAT HAPPENED. [ LAUGHTER ]

Borg: THANK YOU, GOVERNOR.

Vilsack: THANK YOU.

Borg: NEXT WEEK WE'RE GOING TO BE NARROWING OUR FOCUS SPECIFICALLY TO IOWA'S ECONOMIC FUTURE. DEPARTMENT OF ECONOMIC DEVELOPMENT DIRECTOR MIKE BLOUIN WILL BE HERE. MIKE BLOUIN HAS SERVED IN THE IOWA LEGISLATURE, THE U.S. CONGRESS, LED CHAMBERS OF COMMERCE IN CEDAR RAPIDS AND DES MOINES TOO. AND I HOPE YOU'LL WATCH NEXT WEEKEND: 7: 30 FRIDAY; SUNDAY AT NOON. I'M DEAN BORG. THANKS FOR JOINING US TODAY.

 

CAPTIONS BY: MIDWEST CAPTIONING DES MOINES, IOWA

FUNDING FOR THIS PROGRAM WAS PROVIDED BY "FRIENDS," THE IOWA PUBLIC TELEVISION FOUNDATION... GENERATIONS OF FAMILIES AND FRIENDS WHO FEEL PASSIONATE ABOUT THE PROGRAMS THEY WATCH ON IOWA PUBLIC TELEVISION;

AND BY THE IOWA BANKERS ASSOCIATION... FOR PERSONAL, BUSINESS, AND COMMERCIAL NEEDS, IOWA BANKS HELP IOWANS REACH THEIR FINANCIAL GOALS.