The two major-party presidential candidates held rallies yesterday in Iowa’s key Republican and Democratic strongholds. Mitt Romney was in Sioux County, which has voted more than 80 percent Republican in past presidential elections. Barack Obama and Joe Biden were in Johnson County, which has delivered big margins to Democrats who won close statewide elections in the past.

Republican Vice Presidential candidate Paul Ryan just wrapped up his event at Kirkwood College in Cedar Rapids, the first stop in a two-day swing through Iowa.

WEDNESDAY UPDATE: Added clips from Ryan’s rally in Adel.

Voting for the so-called “failed stimulus” has become a stock phrase in Republican attack ads against Congressional Democrats. But as Bleeding Heartland has discussed many times before, the “Great Recession” would have been more devastating without the 2009 American Recovery and Reinvestment Act.

State budget cuts are a huge drag on the economy. Follow me after the jump for a picture that’s worth a thousand words on how a favorite conservative punching bag helped soften the recession’s impact in Iowa.

Republican candidate Ben Lange launched his first television commercial of the 2012 campaign today. Like incumbent Democrat Bruce Braley’s opening ad in the first Congressional district, the 30-second spot emphasizes values the candidate learned growing up in a small Iowa town.

Republican presidential candidate Mitt Romney announced his running mate this morning: Representative Paul Ryan of Wisconsin, the chair of the U.S. House Budget Committee. The two men are launching a four-day bus tour today. I don’t know what surprises me more: Romney not choosing Senator Marco Rubio of Florida, or Ryan’s willingness to give up his committee chairmanship for a shot at the vice presidency.

Democratic House incumbents and challengers have already been running against the Ryan budget. Iowa’s representatives split on party lines when the House approved this plan in April 2011, and Representative Leonard Boswell was eager to draw this contrast between himself and IA-03 opponent Representative Tom Latham. Having Ryan on the Republican ticket ensures that tax and budget issues will be at the center of the presidential campaign discourse this fall. Ryan’s approach to solving the long-term deficit problem asks virtually nothing of wealthy people but would devastate Medicaid, not to mention the Medicare program for future retirees. After the jump I’ve posted excerpts from a new report on the Ryan plan’s impact on state budgets, along the Iowa Policy Project’s comment on how the Ryan budget would affect Iowa in particular.

Any relevant comments are welcome in this thread. I will update this post with Iowa reaction and more news and links after the jump. Representative Steve King was enthusiastic about the pick.

When is a vote for extending the Bush tax cuts at all income levels “protecting the middle class”? Apparently, only when Representative Dave Loebsack (IA-02) does it.

A report compiled by the Senate Health, Education, Labor and Pensions Committee has uncovered huge waste of taxpayer money and poor educational outcomes at for-profit colleges across the country. Senator Tom Harkin led a two-year investigation of the for-profit higher education industry and has been publicizing the report this week.

The U.S. House approved a defense budget for fiscal year 2013 yesterday by 326 votes to 90 (roll call). Four of the five members of Iowa’s delegation supported the bill. After the jump I’ve posted details about how the Iowans voted on key defense budget amendments as well as on final passage. Statements released by each of the representatives are at the end of this post.

Catching up on news from last week, the U.S. House approved the National Defense Authorization Act for fiscal year 2013. Details on how Iowa’s five representatives vote on that bill and on important amendments are after the jump.

I also enclose the statements released by members of Iowa’s Congressional delegation. Not surprisingly, several self-styled deficit hawks bragged about supporting a bill that prohibits various cost-saving measures and mandates spending on some items the military doesn’t even want.

Some bad public policy ideas take hold because decision-makers become convinced they will work. Other times, bad ideas gain momentum because politicians who should know better are too scared or lazy to make the case against them.

In what looks like a textbook example of the second scenario, all three Democrats representing Iowa in the U.S. House are now on record supporting some form of constitutional amendment to require a balanced federal budget.

Crossroads GPS, the super-PAC headed by Republican strategist Karl Rove, is going up on the air today in Iowa and nine other states as part of a $25 million advertising campaign over the next month. The 60-second negative spot about President Barack Obama is after the jump, along with an annotated transcript.

Speaking in Des Moines this afternoon, Mitt Romney promised to lead the country “out of this debt and spending inferno” by reducing federal government spending from 24.3 percent of the country’s gross domestic product to 20 percent of GDP within four years. Romney would address what he called a “prairie fire of debt” by moving some federal programs to the state level or the private sector, repealing “Obamacare,” reforming Medicare and Social Security, and reducing “redundancy and waste” in government programs.

I’ve posted the full prepared text of Romney’s remarks after the jump, along with a few comments.

In the final days of the 2011 Iowa legislative session, funding for passenger rail was one of the last disputes House Republican and Senate Democratic negotiators resolved. The final deal called for no passenger rail money in the state budget for fiscal year 2012, but left “intent” language describing future state funding to match federal grants for a train route between Iowa City and Chicago. At that time, news reports indicated that legislators would need to allocate $6.5 million toward passenger rail in fiscal year 2013 to keep this project alive, plus $10 million total in subsequent years.

Before the Iowa House and Senate adjourned last week, I saw no mention of passenger rail funding in any reports about the infrastructure budget for fiscal year 2013, which begins on July 1. Wondering whether no news was bad news, I started asking around. What I learned is after the jump, along with new links on the potential for passenger rail across Iowa.

The U.S. House approved a bill yesterday to cut taxes by 20 percent for one year for companies with fewer than 500 employees. All the Iowans present voted for the legislation: Republicans Tom Latham (IA-04) and Steve King (IA-05) and Democrats Dave Loebsack (IA-02) and Leonard Boswell (IA-03). Bruce Braley (IA-01) was absent. His staff have not responded to my request for comment on how he would have voted.

The roll call shows that only 18 House Democrats supported this bill. Once again, Progressive Caucus member Loebsack joined Republicans and a small group of primarily Blue Dog Democrats. Bleeding Heartland has discussed this pattern in the context of Loebsack’s votes for a balanced budget constitutional amendment, to block non-existent EPA regulations on farm dust, to make it more difficult for the federal government to regulate small business, and to extend a pay freeze for mostly middle-class federal workers.

After the jump I enclose a statement from King and more details on the Congressional debate over small business tax cuts.

All federal transportation programs are at risk of shutting down if Congress does not pass a new authorization bill by March 31.  House Speaker John Boehner has failed to find 218 votes in his chamber for his preferred five-year highway bill. Last month the House passed the first part of Boehner’s three-pronged approach, expanding offshore oil drilling as a way to fund federal transportation programs. However, many House conservatives believe the rest of Boehner’s bill is too expensive, and the lack of earmarks gives members nothing to sell in their districts. Yesterday Boehner told reporters that he plans to “see what the Senate can produce and to bring their bill up” in the House.

Boehner’s failure put the ball in the Senate’s court. In theory, passing a transportation bill should be straightforward, because portions of the bill already passed Senate committees with unanimous bipartisan support. But for the past month the Senate has been bogged down in disputes over how many amendments will be voted on when the chamber takes up the highway bill on the floor. This week the Senate moved toward resolution; after the jump I discuss how Iowa’s two senators voted on key procedural motions and amendments related to the transportation bill.

The Air Force confirmed yesterday that its proposed budget for fiscal year 2013 would eliminate 459 positions from the 132nd Fighter Wing based in Des Moines as 21 F-16s are retired. The total number of Air Force jobs in Des Moines would drop by 39 percent to 758 positions, KCCI-TV reported.

Governor Terry Branstad and most all members of Iowa’s Congressional delegation promised to keep fighting the uphill battle to overturn that decision. I’ve posted all of their statements after the jump.  

Tonight the four remaining Republican candidates for president take the stage in Mesa, Arizona, for the final debate before super Tuesday. CNN will broadcast the debate starting at 7 pm central time. Mitt Romney and Newt Gingrich are under the most pressure to dent Rick Santorum’s momentum. Based on the last few debates, I expect Ron Paul to take more shots at Gingrich and Santorum than at Romney.

Any comments about the GOP presidential race are welcome in this thread. I’ll update the post later.

UPDATE: That debate wasn’t very interesting. Romney seemed to do a little better than Santorum, but I didn’t think anyone was on top form. Paul went after Santorum and mostly left Romney alone. Gingrich absurdly promised $2.50/gallon gasoline. I posted some excerpts from the CNN transcript after the jump.

Both houses of Congress approved a deal today to extend a payroll tax cut through the end of this year. It was only the second time I can remember that Senator Tom Harkin and Representative Steve King (IA-05) voted against a bill that the rest of Iowa’s Congressional delegation supported.

President Barack Obama released his draft budget for the 2013 fiscal year yesterday. Details on the president’s proposed spending and tax rates are after the jump, along with reaction from the Iowans in Congress and some of their challengers.  

Most governors have the power to veto specific line items in appropriations bills, and many deficit hawks believe bills passed by Congress should be subject to the same kind of scrutiny. However, the U.S. Supreme Court ruled in 1998 that it is unconstitutional to give the president line-item veto power over appropriations bills. Seeking a way around that problem, the House approved a bill yesterday that would allow the president to recommend budget rescissions for Congress to consider. The legislation attracted an unusually bipartisan group of supporters and opponents.

Iowa’s five representatives in the U.S. House split on party lines over two more budget reform bills approved since last week’s effort to change cost scoring methods on some legislation.

Anyone else in the Bleeding Heartland community not planning to watch the Superbowl tonight?

Jobs are on my mind this weekend. On Friday the Bureau of Labor Statistics released some encouraging employment numbers. On the same day, news broke about proposed Air Force cuts that could eliminate around 500 jobs in the Des Moines area.  

Yesterday the U.S. House approved a bill to require additional Congressional Budget Office analysis on legislation with a large price tag. The concept is intended to reduce the apparent cost of tax cuts to the federal budget. Iowa’s representatives split on party lines over this bill and proposed amendments, including one offered by Democrat Leonard Boswell (IA-03).

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 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.

In another sign that Iowa’s second Congressional district will be competitive next year, the Democratic Congressional Campaign Committee has added three-term Representative Dave Loebsack to its “Frontline” list of vulnerable incumbents. Meanwhile, Loebsack’s three declared challengers have been meeting and greeting Republican activists during the busy Iowa caucus season.  

Funding for transportation projects is likely to become a significant issue in next year’s race pitting Democratic Representative Leonard Boswell against Republican incumbent Tom Latham in the new third Congressional district.

Catching up on news from the weekend, the U.S. House and Senate averted a federal government shutdown by passing an omnibus spending bill for fiscal year 2012, which runs through September 30 of next year. The government had been operating on a continuing spending resolution, which was due to expire on December 17. Details on the last-minute appropriations deal and how the Iowans voted are after the jump, along with comments from some members of the Congressional delegation.

The payroll tax cut, extended unemployment benefits, and a “doc fix” affecting Medicare reimbursements look more likely to expire on December 31 after today’s votes in the U.S. House. Republicans voted to go to conference to resolve differences between their approach to extending the payroll tax cut and the bill the U.S. Senate approved on Saturday.  However, Democrats don’t plan to appoint anyone to the conference committee.

Details on today’s votes and reaction from members of Iowa’s House delegation are after the jump.

Both Republican Chuck Grassley and Democrat Tom Harkin voted Saturday morning for a two-month extension of the payroll tax cut and unemployment benefits.

The U.S. House and Senate approved the National Defense Authorization Act of 2012 this week. I can’t say I’m surprised to learn that President Barack Obama backed off on his threat to veto the bill over provisions relating to alleged terrorist detainees. Follow me after the jump for details on the votes and comments from members of Iowa’s Congressional delegation.

The Senate defeated Democratic and Republican versions of a balanced budget amendment to the U.S. Constitution today. Details on the votes and statements from Iowa’s senators are after the jump.

Only ten Democrats in the U.S. House supported a bill approved last night to extend the payroll tax cut and some unemployment benefits. All three Iowa Democrats crossed party lines to vote for this legislation, which has drawn a rare veto threat from the White House.

UPDATE: Scroll down for Representative Dave Loebsack’s statement on this vote.

SECOND UPDATE: I’ve added a statement from Representative Steve King.

Christie Vilsack plans to make Representative Steve King defend his record on disaster relief funding during next year’s campaign in Iowa’s fourth Congressional district, she indicated during a recent interview with the Omaha World-Herald.

A year ago, former President George W. Bush’s income tax cuts for all brackets were due to expire on December 31. Republicans had President Barack Obama and Congressional Democrats on the defensive, not wanting to be seen as raising taxes in a tough economy. Now the tables are turned as a payroll tax cut benefiting all wage earners will expire at the end of the year unless Congress acts otherwise. Democrats in Washington and around the country see this issue as a political winner.

Last week the U.S. Senate defeated two more proposals for extending the payroll tax cut. Meanwhile, the Democratic Congressional Campaign Committee and the Iowa Democratic Party used the controversy to create bad publicity for Representative Tom Latham (IA-04) and Representative Steve King (IA-05).

The U.S. House passed yet another bill designed to prevent new federal government rules yesterday. This legislation one was so extreme that only four Democrats voted with Republicans to support it.

Without Congressional action, a temporary payroll tax cut intended to stimulate the economy will expire on December 31 of this year. Last week the Senate defeated two proposals to extend the tax cut; Iowa Senators Chuck Grassley and Tom Harkin were on opposite sides of both votes.

Least surprising news bulletin of the year: the Congressional “super committee” failed to agree on a plan to reduce the U.S. deficit. Reaction from most of the Iowans in Congress is after the jump.

On Friday the House of Representatives failed to approve a constitutional amendment requiring the federal government to balance its budget every year. All but four of the House Republicans present supported the amendment, joined by 25 Democrats, including Iowa’s Leonard Boswell (IA-03) and Dave Loebsack (IA-02).

Senator Tom Harkin and Representative Bruce Braley introduced legislation today that would levy a small tax on “most non-consumer financial trading including stocks, bonds and other debts,” as well as “all derivative contracts, options, puts, forward contracts, swaps and other complex instruments.”