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RELEASE: Franson Statement on Budget Forecast Showing Looming Deficit

Wednesday, December 6, 2023

SAINT PAUL — Rep. Mary Franson (R-Alexandria) released the following statement on the state budget forecast which showed a $2.4 billion surplus heading into next session, but a looming $2.3 billion deficit beginning in 2025:

“With a historic $17.5 billion surplus, Democrats went on an out-of-control spending spree last session while raising taxes on hardworking Minnesotans by $10 billion. Today’s budget forecast and the projected $2.3 billion deficit in 2025 shows the consequences of reckless Democrat spending.

“Minnesotans do not want a $730 million renovation to the State Office Building to create a palace for politicians. Minnesotans do not want rebates for the rich to buy electric vehicles. Minnesotans do not want free college for illegal immigrants. What Minnesotans want is meaningful relief for their family budgets when they are spending nearly $13,000 more a year to maintain the same lifestyle they had in 2021. This looming deficit makes it clear that one party rule is not working for Minnesotans and their pocketbooks.”

A complete state budget was enacted for the current biennium last spring. An updated February forecast will serve as the official fiscal legislative framework for the 2024 session.

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