- Associated Press - Thursday, February 11, 2016

DES MOINES, Iowa (AP) - Republican leaders in the Iowa House have released budget targets for the upcoming fiscal year, and they propose to spend less money than both Gov. Terry Branstad and Senate Democrats.

House Republicans on Thursday called for spending about $7.32 billion from the general fund for the fiscal year beginning July 1. Senate leaders recommend $7.398 billion and Branstad proposes just over $7.4 billion.

The targets released by Republicans would spend less money than Democrats on several budget items, including education and health care. The parties don’t agree how much money is available to spend, which influences the budget targets.

The targets do not specify potential cuts. House Republicans and Senate Democrats say committees will use the targets as they prepare agency budgets and at some point will reconcile the differences.

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