CHICAGO – Iowa Gov. Terry Branstad unveiled a proposed $6.5 billion fiscal 2014 budget that offers property tax relief he said the state can afford with an $800 million surplus after several years of belt-tightening and debt avoidance.

“We stand at a place in history where many other states are burdened with debt and looming uncertainty while Iowa is well positioned for unprecedented growth,” Branstad said Tuesday during his annual condition of the state speech.

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