Minnesota’s $7.7 billion surplus could get even bigger
With an estimated $7.7 billion surplus projected for the next biennium (over $3 billion of which is already in the bank) and $1.1 billion in unspent federal COVID funds, the…
With an estimated $7.7 billion surplus projected for the next biennium (over $3 billion of which is already in the bank) and $1.1 billion in unspent federal COVID funds, the…
The cost, size and scope of Minnesota state and local government continues to balloon year after year, with no end in sight. Indeed, DFL legislators stand ready to further expand…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
I have recently written about why the legislature should not use surplus funds to increase funding for childcare or create a state family and medical leave program. Unfortunately, the list…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
Since the Minnesota Management and Budget announced that Minnesota is expecting a $7.7 billion surplus, numerous spending proposals have come out. And among the top spending priorities for Democrats and…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
When Congress passed the Tax Cuts and Jobs Act (otherwise known as Trump tax cuts) in 2017, one of its biggest criticisms was that it was a handout for the…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23, which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what…
When Minnesota’s blockbuster surplus of $7.7 billion for the FY 2022-23 biennium was announced on December 7, the DFL did a victory dance. Gov. Tim Walz, Lt. Gov. Flanagan, and…
According to The Wall Street Journal, Some $100 billion has potentially been stolen from Covid-19 relief programs designed to help individuals and businesses harmed by the pandemic, the U.S. Secret…
On Dec. 7, the Minnesota Management and Budget announced that Minnesota was expecting a $7.7 billion surplus for the 2022-2023 biennium. $3.1 billion of that is leftover money from the…
Every year, the Tax Foundation publishes the State Business Tax Climate, where they rank states depending on how friendly state taxes are to business. In addition to how much states…
A $7.7 billion state budget surplus is expected for Fiscal Year 2022-23, and the proposals for where to spend the money are already lining up. Gov. Tim Walz, for example,…
Last week, Minnesota Management & Budget announced a forecast surplus of $7.746 billion for Fiscal Year 2022-23. The DFL was quick to take the credit: But the argument that wise state…
There’s a double whammy hitting Minnesota taxpayers. Gov. Tim Walz and many legislators are dreaming up new ways of burning through a record $7.7 billion state budget surplus, rather than…
At the beginning of his prepared remarks about the budget surplus this week, Gov. Tim Walz referenced a story in the press about past Minnesota governors putting together economic councils,…
On Dec. 7, the Minnesota Management and Budget (MMB) announced that Minnesota is expecting a $7.75 billion surplus for the 2022-2023 biennium. According to MMB, “Strong growth in income, consumer…
Minnesota Management and Budget (MMB) released its new budget forecast today, projecting a $7.746 billion projected surplus for Fiscal Year 2022-23. This is the largest surplus in state history. It…
**UPDATE** The state announced a budget surplus today of $7.7 billion! This represents the largest surplus in state history and is 15% of the state’s two-year budget. It’s a projected…
When the COVID-19 pandemic hit Minnesota last year, the virus and the state government’s response to it wrought havoc with our state’s economy. The unemployment rate rocketed from 3.5 percent…
There are numerous reasons why the Build Back Better plan should not be passed. When it comes to childcare, the plan will raise costs, discourage work and marriage, and most…
Did you know? The so-called ‘COVID Relief Bill’ could block Minnesota’s next governor and legislature from cutting taxes: Senate amendments to the American Rescue Plan Act prohibit the use of any of the $350…