Members of the Revenue Estimating Conference, from left, Jeff Plagge, director of Northwest Bank in Spencer; Kraig Paulsen, the state budget director, and Jennifer Acton, director of the Fiscal Services division of the Legislative Services Agency, discussed projected state finances Dec. 11, 2025, at the State Capitol. (Photo by Robin Opsahl/Iowa Capital Dispatch)

Economic uncertainty due to tariffs and the effects of the federal government shutdown are expected to continue to impact Iowa’s economy, members of the Revenue Estimating Conference said Thursday as they met to discuss Iowa’s finances heading into the 2026 legislative session.

Though the three-person panel expressed concerns about economic troubles shown through job losses, lower consumer confidence and the impacts of President

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