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Wednesday, September 09, 2009

The Iowa Republican: Vander Plaats questioned as he officially enters gubernatorial race

Excerpted from this post at The Iowa Republican

Republican gubernatorial candidate Bob Vander Plaats stopped in Des Moines while on his statewide campaign announcement tour yesterday. Vander Plaats is in the midst of his third attempt to secure the Republican Party's nomination for governor. He made his official announcement in his home town of Sheldon on Monday. Vander Plaats announced that it would be a goal of his administration to repay the $750 million Governor Culver borrowed for his I-Jobs program by the end of his first term as Governor. State Treasurer Michael Fitzgerald told O. Kay Henderson of Radio Iowa that Vander Plaats' proposal "wouldn't fly." Treasurer Fitzgerald indicated that paying off the bond early would violate the terms of the bond agreements, meaning the state could be assessed a fine for paying off the bonds early.

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