SAINT PAUL, Minn. – Today, Minnesota Management and Budget released a new budget forecast showing a projected positive balance of $7.7 billion for the current two-year budget cycle.
Representative Liz Olson (DFL – Duluth) issued the following statement:
“Minnesotans care about one another, and over the past two years, we’ve seen people all across our state step forward to help keep their neighbors healthy and their communities thrive. Many people are still encountering challenges due to the pandemic, and House DFLers are eager to help ensure all Minnesotans can successfully recover from the past two years. With the new economic outlook, legislators can and should use this opportunity to invest in our shared future with investments in economic security, world-class education, and affordable health care.”
Representative Jen Schultz (DFL – Duluth) issued the following statement:
“Today’s budget forecast is encouraging news at a time when too many Minnesotans are still struggling. This coming session, the Legislature should focus on helping working Minnesotans and those experiencing hardship, not handouts to the wealthy and large corporations. The COVID-19 pandemic isn’t over, and our health care system continues to face tremendous pressure while Minnesotans’ health still remains at risk. We also must note inflation isn’t accounted for in the forecast, and one-time money represents a sizable portion of the surplus. Still, lawmakers have an incredible opportunity to deliver the resources workers, students, and families are counting on to recover and keep our state moving in the right direction.”