DES MOINES, IOWA (January 29, 2020) — State Treasurer Michael L Fitzgerald is excited to announce the Iowa income-tax deduction has increased for those saving with College Savings Iowa.* "Account owners who are Iowa tax-payers can deduct the first $3,439 they contribute per beneficiary account from their state taxable-income in 2020," Fitzgerald said. "This tax-deduction is a great way to save for others while keeping more money in your pocket."

WASHINGTON DC (January 28, 2020) — The Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade, which warned that the national debt is headed to uncharted waters. Under current law, CBO projects debt will rise from 80 percent of the economy today to 98 percent by 2030 and 180 percent by 2050.

DES MOINES, IOWA (January 24, 2020) — State Treasurer Michael Fitzgerald announces the results of his most recent Invest in Iowa online auction; over $71 million will be deposited in 24 financial institutions across the state as a result of the January 14 auction. The state will receive an average rate of return of 1.70% on these six-month certificates of deposit (CDs). "This program is a win-win for Iowa," said Fitzgerald.

WASHINGTON DC (January 24, 2020) — Health-care is the single largest part of the federal budget and a key driver of our unsustainably rising national debt.1 Rising health care costs also place growing burdens on households and businesses and — along with a significant uninsured rate — have prompted those seeking higher office to propose bold solutions with significant fiscal implications.