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n2doc

(47,953 posts)
Tue Feb 28, 2017, 01:09 PM Feb 2017

Minnesota's budget surplus grows to $1.65 billion

By Erin Golden
Star Tribune


Minnesota’s economic outlook is ticking upward, with the state budget agency forecasting Tuesday a $1.65 billion budget surplus for Gov. Mark Dayton and state lawmakers to work with in the current legislative session.

That’s up from a December estimate of $1.4 billion. The projected surplus is the main measure by which Dayton and lawmakers will make decisions about state spending levels for the next two years.

Budget officials said that while the state’s economic situation has improved, “federal policy unknowns create significant risk” for the state’s finances. That’s a nod to uncertainty around the priorities and actions of the new Trump administration and Republican majorities in the U.S. Congress.

more
http://www.startribune.com/minnesota-s-budget-surplus-grows-to-1-65-billion/414982274/

Hear that cough (walker) cough (brownback) cough (branstad)?

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Minnesota's budget surplus grows to $1.65 billion (Original Post) n2doc Feb 2017 OP
Cue the ignorant right-wing blowhards. trotsky Feb 2017 #1
Do you remember the Wellstone ruled Feb 2017 #2

trotsky

(49,533 posts)
1. Cue the ignorant right-wing blowhards.
Tue Feb 28, 2017, 01:54 PM
Feb 2017

"Damn Demmycrats are overtaxing us!"

Totally oblivious to the fact that budgets are set based on a certain predicted economic growth rate. When the economy does *better* than expected, more revenue is raised, and we have a surplus.

In other words, they're pissed off that the economy is doing so well under Dayton.

 

Wellstone ruled

(34,661 posts)
2. Do you remember the
Tue Feb 28, 2017, 02:17 PM
Feb 2017

last time Minny had a Budget Surplus,I do,and along came Jesse the Ego to screw it up.

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