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.”  

Transportation for America released a new report today examining structurally deficient bridges in U.S. metro areas. Among communities with a population between 500,000 and 1 million, the Des Moines metro ranked fourth-worst with 24.3 percent of area bridges in the structurally deficient category.

UPDATE: Representative Leonard Boswell’s comments on this report are at the end of this post.

Iowa House and Senate members have plenty of work to do during the next legislative session, scheduled to begin in January 2012. Governor Terry Branstad wants to pass a big education reform package as well as commercial property tax cuts he wasn’t able to get through the legislature this year. Lawmakers also face a deadline for adopting a new system for funding and delivering mental health services. Disagreements over the state budget pushed the 2011 legislative session two months beyond its original adjournment date, and I doubt Democrats and Republicans will find it easier to agree on spending priorities in 2012. Election years aren’t typically the most productive times at the state capitol.  

As if there weren’t enough contentious issues on the table, the governor’s transportation advisory commission will urge legislators to approve an 8-cent to 10-cent gas tax increase.  

A bipartisan vote in the U.S. Senate today appears to have prevented a federal government shutdown after the current fiscal year ends on September 30. Senators Chuck Grassley and Tom Harkin both supported the deal.  

The U.S. just voted 59 to 36 to table the House version of a continuing resolution funding the federal government through November 18. Senator Tom Harkin voted with all but one Democrat to table the House legislation; Senator Chuck Grassley voted with most of his fellow Republicans against tabling the resolution. Details are below.

The U.S. House narrowly approved a continuing resolution last night to fund the federal government through November 18. The resolution was slightly different from the version that failed in the House on Wednesday, but Iowa’s representatives voted the same way.  

Less than 10 days before the current fiscal year ends, Congress has not approved any appropriations bills for fiscal year 2012. Yet again, continuing funding resolutions are needed to prevent the federal government from shutting down after September 30. Yesterday Representative Tom Latham was the only Iowan to vote yes as the U.S. House failed to approve a continuing resolution backed by Republican leaders.

All five Iowans in the U.S. House are co-sponsoring a bill that would require the U.S. Army Corps of Engineers “to revise the Missouri River Master Manual to increase the total amount of storage space within the Missouri River Reservoir System that is allocated for flood control.” After the jump I’ve posted more details on that bill and other news about the Iowans in Congress.

Eight Republican presidential candidates will debate for the second time in less than a week tonight at 7 pm central time. I expect former Massachusetts Governor Mitt Romney and Representative Ron Paul to have a go at Texas Governor Rick Perry, like they did during last week’s debate. Representative Michele Bachmann has been trying to distinguish herself from Perry too lately. I see the other four candidates mainly fighting not to be ignored by the moderators.

I’ll update this post later, but meanwhile here’s a thread to talk about the debate or the presidential race in general.

UPDATE: First thoughts on the debate and excerpts from the transcript are after the jump.

Both of Iowa’s senators voted against the deal to raise the debt ceiling in early August, but only one of them voted last night to block a $500 billion debt ceiling increase, which was part of that agreement.

Earlier on September 8, Senators Tom Harkin and Chuck Grassley helped send a patent reform bill to President Barack Obama. The president and Senate Majority Leader Harry Reid have characterized patent reform as a job creation measure. Follow me after the jump for more on yesterday’s Senate votes.

President Barack Obama just made his case for “an American Jobs Act” in a speech to both chambers of Congress. In the usual Obama style, he offered Republicans a lot of compromises, like corporate tax cuts and a tax credit for employers. He argued for a payroll tax cut as well and called on Democrats to support “modest adjustments” to Medicare and Medicaid as well. On the spending side, Obama is seeking more funding for infrastructure, such as repairing roads and bridges and fixing “at least 35,000 schools.”

The full transcript of the president’s speech (as prepared) is after the jump. I’ve also posted some Iowa reaction, and I’ll keep this post updated as other members of Congress weigh in.