U.S. Senators Chuck Grassley and Tom Harkin both voted for a bill to ban insider trading by members of Congress, which overwhelmingly passed the U.S. Senate today. Follow me after the jump for details on how the Iowans voted on significant amendments to the bill, including one backing term limits for members of Congress.  

Iowa Senate Democrats received unwelcome news from Marshalltown yesterday when former Republican State Senator Larry McKibben announced that he will run in the new Iowa Senate district 36 this year. McKibben’s decision makes this seat a tougher hold for first-term Democratic incumbent Steve Sodders.

Candidates love to empathize with struggling middle-class Americans, but middle-income government employees are an easy target for politicians trying to earn their deficit warrior stripes. Today more than a third of U.S. House Democrats voted with nearly all the House Republicans to keep most civilian federal employees’ salaries frozen through 2013. All five Iowans voted for the legislation, even though Democrats Bruce Braley (IA-01), Dave Loebsack (IA-02), and Leonard Boswell (IA-03) have repeatedly said they oppose balancing the budget on the backs of the middle class.

Yesterday was the deadline for Congressional candidates to file financial reports on the fourth quarter of 2011. Details on fundraising by all the incumbents and challengers in Iowa are after the jump.

As I did last quarter, I’m covering the districts in reverse order, because the most interesting money stories came out of the new fourth and third Congressional districts.  

With about 80 percent of the votes counted in the Florida GOP primary, Mitt Romney is beating Newt Gingrich by 47 percent to 32 percent, a wider margin than most of the last week’s polls had indicated. Rick Santorum and Ron Paul are well back with 13 percent and 7 percent, respectively.

Any comments about the Republican presidential race are welcome in this thread. It’s hard for me to see a path for Gingrich or anyone besides Romney winning the nomination. Even though 39 percent of exit poll respondents in Florida “said they were not satisfied” with the candidates on the ballot, a doubt a new conservative “not Romney” savior could seize the crown.

Apologies for the lateness of this post: it’s past time to reveal the Bleeding Heartland Iowa caucus prediction contest winners.  

Iowa Senate Ways and Means Committee Chair Joe Bolkcom took to the Senate floor today with a clear message for Iowa House Republicans and Governor Terry Branstad: “no tax cut will pass the Senate Ways and Means Committee” until an expansion of Iowa’s earned income tax credit has been signed into law.

Can’t wait to learn more of the backstory on this one: Matt Strawn announced this morning that he is resigning as the Republican Party of Iowa’s state chairman. In a videotaped statement, Strawn cited competing business, personal, and political interests. He did not refer to the controversy over his attempt to declare the Iowa caucuses a tie with no clear winner. Supporters of Rick Santorum were outraged when Strawn said publicly that he could not speculate about the vote totals from eight precincts missing paperwork. The Iowa Republican blog publisher Craig Robinson, a former senior Iowa GOP official, repeatedly called for Strawn to step down.

I’ve posted Strawn’s video after the jump, with a partial transcript and an Iowa GOP press release. I’ll update with political reaction as it comes in today.

The Iowa Republican State Central Committee first elected Strawn as chair in January 2009. He beat several political insiders in that contest. Strawn is generally perceived to have improved the party’s organization and coordination. He had no opposition when chosen for another two-year term in January 2011.

A new progressive super-PAC pledged today to support grassroots organizing in Iowa’s new fourth Congressional district against five-term Representative Steve King.

UPDATE: Added King’s reaction to this development below.

After a few months of exploring a second run for Congress in Iowa’s first district, Republican Ben Lange has confirmed that he will soon make his candidacy official.

Mitt Romney is offering Florida voters a “history lesson” about Newt Gingrich this weekend.

On Saturday night the Des Moines Register announced the major stops on the 2012 Register’s Annual Great Bike Ride Across Iowa (RAGBRAI). The 471-mile ride will start in Sioux Center on July 21 and end in Clinton on July 28.

Overnight stops are after the jump, along with findings from a new study on the economic impacts of recreational bicycling for Iowa.

Former U.S. Attorney Matt Whitaker will represent Zach Edwards, a Democratic operative who is charged with attempting identity theft against Republican Secretary of State Matt Schultz.

Our Secretary of State still wants to see your ID. Make that a photo ID with an expiration date on it, please, so your Iowa State student ID card will not suffice.  

You need it unless you vote absentee, or get someone to swear you are really you, or swear it yourself if you are in a nursing home and can't vote like other absentee voters. Or unless you have a religious objection or swear you are indigent. In those last two cases we break out the dreaded provisional ballots again.

With that many loopholes his new bill offers way more inconvenience, hassle, confusion, and expense for the state than it offers security for already honest elections.

Yesterday U.S. Secretary of Defense Leon Panetta revealed some proposed cuts to the military budget, part of a plan to save $487 billion over the next decade. Click here or here for details on the reductions, which will slow the rate of growth in defense spending but are far from the “massive cuts” opponents decry.

Representatives Bruce Braley (IA-01) and Dave Loebsack (IA-02) responded to yesterday’s news by promising to fight for defense-related jobs at the Rock Island Arsenal, a major employer in the Quad Cities area.

Newt Gingrich, Mitt Romney, Rick Santorum and Ron Paul spar tonight in Jacksonville, their last debate before next Tuesday’s Florida primary. Several polls released this week have shown slight leads for Romney, but Gingrich is still in contention. It helps that a couple of wealthy supporters have given a pro-Gingrich super-PAC $10 million. A large chunk of that money is funding anti-Romney television commercials in Florida.

CNN is broadcasting tonight’s debate, with Wolf Blitzer moderating. I’ll update this post later with highlights. Any comments about the Republican presidential race are welcome in this thread.

UPDATE: I’ve added an anti-Romney and an anti-Gingrich ad after the jump.

SECOND UPDATE: Post-debate thoughts are now below.

The House Majority PAC, a super-PAC created last year to help Democrats win back control of the U.S. House, is running a television commercial criticizing Representative Tom Latham, the Republican candidate in Iowa’s new third Congressional district.

House Majority PAC is also showing interest in Iowa’s fourth Congressional district. Yesterday the group released topline poll numbers from eight House races, including the IA-04 contest between Representative Steve King and challenger Christie Vilsack.

Follow me after the jump for the anti-Latham ad video and transcript, as well as further details on the IA-04 poll.

Not when it comes to the banksters, anyway.  While I would like to be optimistic on this topic, I think the claim of victory is premature, at best.  

Last night I heard that Huffington Post was reporting that the White House has created a new unit to investigate the financial collapse and the mortgage crisis, and Eric Schneiderman would chair it.  I got excited until I read the article, at which point hope mostly died.

President Barack Obama hits the road today through Friday to promote proposals from last night’s State of the Union address. Cedar Rapids is the first stop on his itinerary, which also includes Phoenix, Las Vegas, Denver, and Detroit. All cities are in states Obama hopes to win or at least put in play this November.

Follow me after the jump for links on the president’s Cedar Rapids visit. I will update this post later with highlights and reaction.

MARCH 16 UPDATE: Rasmussen did not file for re-election. The Republican candidate in this district is Jim Givant; Bleeding Heartland will cover his campaign in a future post.

Iowa’s new map of political boundaries created a large number of competitive House and Senate districts in the northeast part of the state. Yesterday Democrat Bruce Bearinger announced his candidacy in the new House district 64, now represented by Republican Dan Rasmussen. A district map and background on both candidates are after the jump.