Republican lawmakers in Iowa seek to block guaranteed basic income programs, calling them 'insane'

• Republicans in Iowa are trying to block plans for a guaranteed basic income program.
• State Rep. Steve Holt said the programs are "socialism on steroids."
• Holt and another representative introduced a bill to ban UBI-style programs in the state. 

Republican lawmakers in Iowa are pulling out all the stops to block guaranteed basic income plans they described as "socialism on steroids."