Politics and Government Politics and Government
Sat, December 7, 2024
[ 07:40 PM ] - Associated Press
Clintons urge voters agitated by today's politics to remain involved in public service
[ 07:40 PM ] - thenightly
Peter Dutton labels synagogue attack 'terrorism, pure and simple'
[ 07:20 PM ] - MSN
Peter Dutton weighs in on tax cuts ahead of next election
[ 07:20 PM ] - MSN
Watch Trump Awkwardly Sit with Jill and Ashley Biden at Reopening of Notre Dame in Paris
[ 07:20 PM ] - Fort Worth Star-Telegram
A North Texan as speaker? Here's the Texas House Republican caucus' speaker pick
[ 07:00 PM ] - justthenews
Pearl Harbor Day proves to be a unifying day amid bitter politics
[ 06:20 PM ] - BBC
No more Mr Nice Guy for Keir Starmer
[ 06:20 PM ] - RealClearPolitics
Jeffrey Goldberg on Hegseth: "Borderline Irrespon .. ody With An Alcohol Problem Can Suddenly Clean Up
[ 06:00 PM ] - RealClearPolitics
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[ 05:40 PM ] - MSN
Hochul backs off change to school funding
[ 05:40 PM ] - MSN
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[ 05:40 PM ] - MSN
Bomb threat targets Rep. Lori Trahan and her family, Mass. congresswoman says
[ 05:40 PM ] - MSN
Austin Tice's family says he is alive and well, b .. rustrated after meeting with Biden administration
[ 05:20 PM ] - Esquire
The Curious Alchemy of How We Handle the News
[ 05:20 PM ] - BBC
One shot dead on election day in Ghana
[ 05:20 PM ] - USA Today
French President Macron rolls out the red carpet for Trump ahead of Notre Dame reopening
[ 05:01 PM ] - MSN
KJP: Hunter unlikely to have faced charges if not Joe Biden's son
[ 05:00 PM ] - MSN
Letters to the Editor: Biden had very good reasons to break his promise and pardon his son Hunter
[ 05:00 PM ] - WLRN
Pam Bondi's journey from traditional republican to warrior for Trump
[ 05:00 PM ] - NJ.com
What DOGE dude Vivek Ramaswamy got wrong about Trump's victory (Hint: It's a lot)
[ 04:40 PM ] - MSN
Survey: List of 10 top performing CSs after 100 days in office
[ 04:20 PM ] - MSN
Labor and Coalition ramp up energy crisis debate
[ 04:20 PM ] - Salon
Welcome to the New Dark Ages
[ 04:00 PM ] - MSN
'Dirty and dumb!' Trump may cancel major government contract
[ 03:41 PM ] - MSN
Trump's private club is ground zero for a disruption-themed second term: Inside Mar-a-Lago
[ 03:41 PM ] - MSN
'Fear and disinformation': Court challenge launched against one of Alberta's transgender bills
[ 03:40 PM ] - MSN
'President Trump lacks standing': CBS rubbishes l .. ly baseless and prohibited by the First Amendment
[ 03:40 PM ] - MSN
Meeting between Zelenskyy, Trump and Macron lasted 35 minutes
[ 03:40 PM ] - MSN
WATCH LIVE: Trump and Zelensky in attendance for reopening of Notre Dame Cathedral in Paris
[ 03:40 PM ] - MSN
Why Minnesota is projected to face a future budget deficit, and what lawmakers might do about it

Why Minnesota is projected to face a future budget deficit, and what lawmakers might do about it


Published on 2024-12-07 15:40:36 - MSN
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  • In just a few short years, Minnesota swung from having a record $17.6 billion budget surplus to seeing a projected deficit on the horizon. The revelation that the state is headed toward a modest $616 million surplus in the next two-year budget cycle and a deficit of $5.

Minnesota is projected to face a significant budget deficit in the coming years, primarily due to the depletion of one-time federal aid received during the economic recovery from the global health crisis, alongside rising costs in health care and education sectors. The state's budget, which was balanced with a surplus in recent years, is now expected to see a shortfall of approximately $2.3 billion by 2027. This situation has prompted discussions among lawmakers on potential solutions, including revisiting spending commitments, possibly increasing taxes, or finding new revenue streams. Governor Tim Walz and legislative leaders are considering adjustments to the current budget to mitigate the impact of the deficit, focusing on maintaining funding for essential services while exploring economic growth strategies to bolster state revenues.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/why-minnesota-is-projected-to-face-a-future-budget-deficit-and-what-lawmakers-might-do-about-it/ar-AA1vrNc1 ]
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