Minnesota’s November Budget Forecast is a mixed bag

Earlier this month, Minnesota Management and Budget released the state’s November Budget and Economic Forecast. This forecast is one of… Continue reading Minnesota’s November Budget Forecast is a mixed bag

Recent information points to stronger state budget picture

As Minnesota policy-watchers get ready for the next legislative session, recent budget reports suggest that Minnesota will likely project a… Continue reading Recent information points to stronger state budget picture

Positive budget surplus is coupled with caution

Minnesota’s positive budget balance coupled with continued modest economic growth give us short-term good news, however it also gives reasons for caution, with only a small structural balance in the next budget cycle before accounting for inflation and slowing economic growth in the future.

All tax plans on the table raise revenues: the difference is how much and who benefits

The negotiations to reach a budget deal this session have at times been characterized as a debate between raising taxes… Continue reading All tax plans on the table raise revenues: the difference is how much and who benefits