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enable our state to continue to grow and prosper. Number one - We will cut taxes this year for the fourth consecutive year. As long as it is fiscally responsible, the Republican majority in the Iowa House will in some way reduce the tax burden on Iowans every year. The question this year is not if we are going to reduce taxes, it is a question of how much and what taxes. Those decisions will be made by this body during this session. However, it is clear that we will cut taxes again this year. The second area of importance this year will be agriculture and especially value added agricultural issues. Even a city boy like me understands that agriculture is the engine that runs Iowa's economy. As we strive to compete in a world-wide agricultural economy, we must continue to add value to agricultural products. It is the intent of the majority party to establish a Value Added Agricultural Revolving Loan Fund this session to enable people involved in the agricultural sector to be innovative and forward looking in adding value to our agricultural products. Thirdly, we intend to put a focus on quality-of-life issues, with special emphasis on recreational activities in Iowa. In November of this year, a Recreation Summit was held in these chambers and testimony was taken from people from across the state with suggestions on how to improve recreational opportunities in Iowa. Within the next week, the Steering Committee of that Summit will issue a five-year plan for improving recreation and quality of life in Iowa. We will act upon some of those recommendations this session and begin putting together a blueprint for the future. While those recommendations haven't been issued yet, they will include a program that will ask that money from the infrastructure fund be made available through a granting process for local communities to apply for state grants to enhance their offerings of recreational opportunities in their areas. Recreational activities ranging from municipal swimming pools to ice skating rinks help build strong communities and strong families. Fourthly, the Number One focus of this legislative session will be the educational system in Iowa. As a teacher by profession, education has always been my main focus and it is the main focus of the citizens of Iowa. When I assumed the position of Majority Leader in 1993, total state spending on education was 57.5% of the budget. Total state spending on education in the current fiscal year is 58.5%. Commitment to education in Iowa has been and continues to remain strong, and this year's legislative session will make it even stronger. As we all know, there are many proposals that are on the table heading into this session as a result of the Pomerantz Commission. We will spend a great deal of time discussing those and enacting many worthwhile initiatives; but at this time, many details need to be worked out. I personally look forward to working with all 100 members to craft legislation which will have a meaningful impact on our educational system. Almost 60 cents of each dollar that the state spends goes towards education. When you add in federal dollars and local property taxes, we spend $2.85 billion dollars a year on K-12 education for our 500,000 students. Anyone who says that education is not our number one priority is simply wrong. We have the best schools and the best teachers in the nation. But we have seen some slippage in our results. That is unacceptable. As we face the new millenium, it is imperative that we provide our children with the skills that they will need to compete in the ever-changing world. For some people, the only answer is
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