While corporations are experiencing the largest profit margins in 70 years, this isn’t being reflected in what Minnesota workers are… Continue reading Today’s high inflation highlights longer-term trend of wages not keeping up with cost of living
Tag: covid
Walz’s updated budget proposal responds to larger state budget surplus
Policymakers have a historic opportunity this year to tackle the ongoing health and economic effects of the pandemic, and make… Continue reading Walz’s updated budget proposal responds to larger state budget surplus
New budget forecast continues to show resources available to build an equitable recovery
The State of Minnesota is expected to see unprecedented levels of resources, including a strong boost in the short-term numbers,… Continue reading New budget forecast continues to show resources available to build an equitable recovery
A first look at Governor Walz’s supplemental budget proposal
The state of Minnesota has resources to draw on to start building a more equitable future, focusing on what Minnesotans… Continue reading A first look at Governor Walz’s supplemental budget proposal
A first look at Governor Walz’s budget proposal on expanding economic opportunity
The state of Minnesota is projecting an historic $7.7 billion surplus for the current FY 2022-2023 budget cycle. This presents… Continue reading A first look at Governor Walz’s budget proposal on expanding economic opportunity
States’ use of ARP flexible funds should prioritize a robust and equitable pandemic recovery
Many states, along with Washington, D.C., and Puerto Rico, have used their federal Fiscal Recovery Funds (FRF) to respond to… Continue reading States’ use of ARP flexible funds should prioritize a robust and equitable pandemic recovery
Historic state budget forecast presents historic opportunity
The forecast projects a $7.7 billion general fund surplus for the current FY 2022-23 budget cycle, and a $6.0 billion structural balance for the upcoming FY 2024-25 budget cycle. These projections represent a historic opportunity to make transformational changes to build a more equitable recovery.
Unemployment Insurance supports workers, not a major cause of labor shortages
To keep workers across the nation safe from infection with COVID-19 and stabilize household incomes, in March 2020 Congress expanded… Continue reading Unemployment Insurance supports workers, not a major cause of labor shortages
Dear Congress: It’s time to pass historic investments
If Congress makes the right choices, recovery legislation could lead to historic reductions in economic and racial inequality in Minnesota and across the country.
A quick look at the legislative global budget agreement
Governor Tim Walz and legislative leaders Monday announced their targets for the FY 2022-23 budget and how they will approach… Continue reading A quick look at the legislative global budget agreement