SCRIPT:

As Governor, Terry Branstad admitted "his books were never balanced."

According to the State Auditor, Terry "cooked the books."

And when state unemployment hit a record high.

Branstad asked for a raise.

When Terry cut foster care

Branstad took another raise.

When the state couldn't pay its bills, Branstad raised our taxes

and raised his pay once again.

Terry Branstad: Cooked books, Raised Taxes, Eight pay raises.

A past we can't repeat.


BACKGROUND:

Branstad said the "books were never balanced." On Iowa Press Branstad said, "There never were two sets of books but the books were never balanced on generally accepted accounting principles." [Iowa Press, 6/11/2010]

Auditor Johnson said that Branstad cooked the books. The Cedar Rapids Gazette reported in June 1994 that "'It's another political ploy to cook the books so to speak to make it look good for him," Johnson said.'" [Cedar Rapids Gazette, 6/1/1994]

Iowa Unemployment reached 8.5% April 1983 Unemployment Rate, Iowa Workforce Development Website [http://www.iowaworkforce.org/lmi/laborforce/etables/2005_1976seaavgr.pdf]

 "Gov. Branstad Says He Wants $4,000 Raise" [Des Moines Register, 4/28/83]

Nearly 10% of Iowans Unemployed, Many Forced to Accept Pay Freezes. The Des Moines Register reported in April 1983 that, "The request comes at a time when about 10 percent of Iowans are unemployed and many workers have been forced to accept pay freezes or rollbacks in salaries and benefits." [Des Moines Register, 4/28/83]

1987: Branstad Cut Foster Care Program Funding. The Des Moines Register reported in June 1987 that, "Improvements in Iowa's foster care system, sparked by the case of the Cooper children, were scaled back by Gov. Terry Branstad's veto pen, foster care backers said. … About $2.7 million was erased from the budget that would have paid for increases in reimbursements to foster parents and group homes." [Des Moines Register, 6/12/87]

Branstad Signed Bill Increasing His Salary from $64K to $70K. [Des Moines Register, 6/9/87]

State Had to Borrow $280 Million to Pay Bills On Time. [Des Moines Register, 7/1/90]

Branstad Raised His Pay 6.6%. [Des Moines Register, 5/8/90]
Governor's Salary in 1982 Was $60,000. [Des Moines Register, 12/2/82]

Branstad Raised His Salary Eight Times.
 
Raise #1: FY 1984 -$60,000 to $64,000. [House File 646 (1983)]
Raise #2: FY 1988 - $64,000 to $70,000. [Des Moines Register, 6/9/1987]
Raise #3: FY 1989- FY 1989 Salary $72,692 [State of Iowa Salary Book FY 1989]
Raise #4: FY 1991 -FY 1991 Salary $76,700 [State of Iowa Salary Book FY 1991]
Raise #5: FY 1995 - Increased to $79,800 [Des Moines Register, 12/4/1994]
Raise #6: FY 1996 - Increased to $98,200 [Des Moines Register, 5/20/1995]
Raise #7: FY 1997 - FY 1997 Salary $102,040 [State of Iowa Salary Book FY 1997]
Raise #8: FY 1998 - FY 1998 Salary $105,090 [State of Iowa Salary Book FY 1998]