How fraud makes budget forecasts unreliable
There is no doubt that Minnesota has a fraud problem, which, in itself, is disturbing. However, in the backdrop of a persistent and widening structural budget deficit, the consequences of…
There is no doubt that Minnesota has a fraud problem, which, in itself, is disturbing. However, in the backdrop of a persistent and widening structural budget deficit, the consequences of…
Yesterday, we learned that Minnesota’s state government was forecast to run a budget surplus for the 2026-2027 biennium of $2.5 billion but a deficit for the 2028-2029 biennium of $3.0…
Minnesota Management and Budget (MMB) released the budget forecast on Thursday, showing a $2.4 billion surplus in the current biennium (2026-27) and a $2.9 billion deficit in the next biennium…
Back in March, Minnesota Management & Budget (MMB) released its February Budget and Economic Forecast. As we reported at the time: The forecast budget surplus for the 2026-2027 biennium is…
Later today, Minnesota Management & Budget (MMB) is due to release its November Budget and Economic Forecast for the state government budget over the next few years. Already, KSTP reports:…
According to the Congressional Budget Office (CBO), the U.S. population is projected to reach 367 million in 2055. This is down from the 372 million projected earlier in January. The…
The DFL deficit In February 2023, Minnesota Management & Budget (MMB) forecast a state government budget surplus of $17 billion for the 2024-2025 biennium. In March this year, we learned that MMB…
Following a law passed last year, Minnesota Management and Budget (MMB), in conjunction with the Department of Revenue, has created a Taxpayer Receipt, an interactive tool where Minnesotans can check…
As horror stories continue to circulate about the thousands who could lose Medicaid coverage due to the “work requirements” and “eligibility checks” in the One Big Beautiful Bill (OBBB), two…
Derailed The fever for spending vast sums of taxpayer’s money on rail projects of dubious value which has afflicted policy makers in Minnesota in recent years seems to be breaking.…
Since 2024, Minnesota has consistently spent more than it brings in, with deficits projected through 2029. Expected federal funding cuts in the One Big Beautiful Bill (OBBB) could punch a…
On Monday, June 9, legislators held a special session to finalize the budget. The global targets were already agreed upon in May before the regular session adjourned. However, as American…
Back in 2023, that “historic” “trifecta” voted to spend $200 million on the Northern Lights Express (NLX), a passenger train service running between Minneapolis and Duluth. I doubted that this…
Yesterday, amid chaotic scenes at the Capitol, Governor Walz, Senate Democrats, and Republicans and Democrats from the House, announced an agreement on spending targets for the upcoming two biennia, a…
As discussions on what to do about the state budget deficit continue at the legislature, American Experiment urges no tax hikes. As our research has noted, not only does Minnesota…
With three weeks left until the end of the 2025 legislative session, the conversation at the State Capitol on what to do about the budget has shifted to tax hikes.…
The DFL deficit In February 2023, Minnesota Management & Budget (MMB) forecast a state government budget surplus of $17 billion for the 2024-2025 biennium. In the subsequent “historic” session, the DFL trifecta…
State lawmakers have a duty to taxpayers to set responsible budgets. The normalization of spending increases and tax hikes as the panacea for every societal concern that has characterized the…
As discussions on what to do about the budget deficit continue, more proposals for (new) tax hikes are appearing. This should be concerning. Not only will tax hikes raise costs…
The DFL deficit In February 2023, Minnesota Management & Budget (MMB) forecast a state government budget surplus of $17 billion for the 2024-2025 biennium. In that “historic” session, the DFL trifecta blew…
The Legislature is currently on break for Easter week. Meetings will resume next week, on Monday, at which point discussions on the budget will continue. While the session adjourns on…
There is an agreement in St. Paul that the state budget is out of control. Gov. Walz and both chambers of the legislature have proposed lower spending in the next…
The DFL deficit In February 2023, Minnesota Management & Budget (MMB) forecast a state government budget surplus of $17 billion for the 2024-2025 biennium. In that “historic” session, the DFL trifecta blew…
Owing to the growing budget deficit, Gov. Tim Walz has called for more spending cuts in addition to what he initially proposed in January. Overall, Minnesota Management and Budget (MMB)…