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March 22, 2018DES MOINES, Iowa |  By: AP

Iowa lawmakers finalize budget cuts

Iowa Republicans have finalized mid-year cuts of more than $35 million to the state's $7.2 billion budget.  

The GOP-controlled Senate voted 28-21 Wednesday night for a bill that reduces the budget that runs through June. The Republican-majority House voted for the same plan Tuesday. It now heads to GOP Gov. Kim Reynolds.  

The bill cuts about $25.4 million from various state agencies, including nearly $11 million from the University of Iowa and Iowa State University. There are also reductions of $4.3 million from the agency that oversees health services and $3.4 million from corrections.  

Lawmakers also agreed to take $10 million from a program that helps businesses expand.  

A budget panel said last year that state revenue was below projections. The panel improved its outlook recently, but Republicans say they wanted a cushion for the budget.