Got it, just underfunded while The Kim Reaper slashes the tax base and uses up my money to fund the private education of some kid at a private school
Ok some people need to research what they are talking about....before typing.
This is an Iowa fund on top of federal funds.
It is allocated 500,000 a year. This year eligibility expanded, and the money for the year is used up and will not be replenished until July.
The people that are running it are going to ask for a bigger allotment going forward.
My comments are that someone should have being making noise, very loudly, before it ran out. The ball was dropped there. Even if it comes out that they did tell someone...they should have gotten louder when nothing happened.
Program started in 2007. Dems controlled iowa then. I am not going to look up who was the players in making it happen - but credit dems for being in control and it happening under their watch.
The amount of money is small obviously, about 2.50 a veteran. It would never go very far at 500,000 as is. With inflation and such since then...probably time to increase the amount of money allocated if Iowa wants to keep the program and be able to meet an expanded group of people eligible. I am sure the last 15 years many vets used up their lifetime max benefit from the group so they probably initially thought they were safe with the expanded coverage. In a few years as more newly eligible use up their max, the fund will probably stabilize.
