Minnesota Senate Media Services
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Legislative Leaders Respond to Budget Shortfall News
Posted
December 6, 2017
Views
29
December 6, 2017
29
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52:22Now PlayingMinnesota Management and Budget released the latest state budget and economic forecast, which projected a deficit of $188 million dollars in the current biennium, which ends June 30, 2019. The deficit is expected to grow to $586 million dollars the following two years. The budget news brought different views from GOP and DFL legislative leaders, with GOP lawmakers citing healthy economic statistics that demonstrate a growing economy, while DFL lawmakers reiterated their concerns over past tax reductions with current spending targets.
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