Publications

Stock image: Split Rock lighthouse

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July economic update shows state will need all the tools in the toolbox

July 14, 2020 • Clark Goldenrod
Federal Issues, Minnesota Budget, Minnesota Budget Outlook, Minnesota Taxes

The state’s quarterly economic report shows that projections for the national economy have gotten even worse. While state revenues have come in a bit ahead of what was predicted in May, the state is still on track for a more than $2 billion budget shortfall for the current budget cycle.

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Special session begins; Minnesotans call for bold action

June 15, 2020 • Clark Goldenrod
Child Care, Income and Work, Minnesota Budget

The COVID-19 crisis, and the longstanding crises in policing and racial inequity in Minnesota, have damaged our health, livelihoods, and communities. Policymakers must take bold steps to better ensure Minnesotans can stay healthy, safe, and get by economically in the immediate term, and invest in resilience in all communities for the future.

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Rents are rising faster than Minnesotans’ incomes

May 11, 2020 • Abimael Chavez-Hernandez
Income and Inclusive Economy, Income and Work

For over a decade, unaffordable housing costs due to persistently low wages has been the reality for too many Minnesota families.

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Additional federal funding to states is time-critical

May 6, 2020 • Clark Goldenrod
Federal Budget, Federal Issues, Minnesota Budget

Federal policymakers should move quickly to direct significant additional funding to states, as well as local and tribal governments, to address the severe impacts of the public health emergency and the economic recession, and to prevent the economic downturn from getting worse.

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May budget report reveals the need to support everyday folks

May 5, 2020 • Clark Goldenrod
Federal Issues, Health Care, Income and Work, Minnesota Budget, Minnesota Budget Outlook

The May budget projection will guide the decisions that policymakers make in the remaining weeks of the legislative session, and the months beyond. They remind us of how many of our neighbors are struggling, and the importance of taking swift action to reduce the hardships that Minnesotans and their families are facing as a result of the pandemic, and to start building for the economic recovery.

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Increased Medicaid funding to states protects health care, critical services

May 4, 2020 • Betsy Hammer
Federal Issues, Health Care, Minnesota Budget, Minnesota Budget Outlook

While they have taken some preliminary steps, federal decision-makers should further boost the Medicaid dollars it sends to states, make that increase last until the economy recovers, and maintain strong requirements to protect health care coverage.

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Bold action needed to get through crisis, build equitable recovery

May 1, 2020 • Nan Madden
Federal Budget, Federal Issues, Minnesota Budget, Minnesota Taxes

Minnesotans are doing their part. We must be able to count on Minnesota policymakers to continue to take aggressive action to meet the public health and economic security needs of everyday Minnesotans, and to draw on the resources needed to do so.

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Coronavirus responses should include all our neighbors, including immigrants

April 23, 2020 • Abimael Chavez-Hernandez
Federal Issues, Health Care, Immigration, Income and Inclusive Economy

Excluding immigrant Minnesotans – who make up close to 9 percent of our state’s population – puts them and their families at risk, and it makes it more difficult for our state and communities to recover from this public health crisis.

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Minnesota’s April economic update

April 14, 2020 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook

It’s a bigger deal than usual, but doesn’t yet have all the answers: The April Revenue and Economic Update is a first look at the economic and fiscal impacts of the coronavirus crisis in Minnesota. The quarterly report from Minnesota Management and Budget (MMB) shows that state revenues have dropped considerably and the national economy has likely fallen into recession.

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Racial equity should be at the core of coronavirus responses

April 7, 2020 • Abimael Chavez-Hernandez
Federal Budget, Federal Issues, Health Care, Immigration, Income and Inclusive Economy, Income and Work, Minnesota Budget

Due to the impact of historical racism and ongoing forms of discrimination and bias, BIPOC communities (Black, Indigenous, People of Color) will more acutely feel the economic and health effects of this coronavirus crisis. Without attention to equity, they are more likely to be left out of the policy responses.

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Policymakers must act to prevent economic hardship, deep recession

March 17, 2020 • Betsy Hammer
Child Care, Federal Budget, Federal Issues, Health Care, Income and Work, Minnesota Budget

The corona virus is creating a public health emergency and economic disruption. Policymakers should act to alleviate financial hardship and reduce the threat of a deep recession.

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Positive budget surplus is coupled with caution

February 27, 2020 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook

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.

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High rankings on health outcomes mask distressing racial disparities

February 10, 2020 • Betsy Hammer
Health Care

Minnesota’s overall high rank among states for various health outcomes masks worst-in-the-nation disparities. We must focus on addressing racial disparities and improving health equity to make Minnesota a state where everyone can live their healthiest lives.

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Legislative Budget Office will make its debut in upcoming session

January 28, 2020 • Betsy Hammer
Minnesota Budget

The 2020 Legislative Session will involve a new player: the Legislative Budget Office, or LBO. The LBO will be responsible for producing fiscal notes, working in concert with state agencies to estimate the fiscal impact of proposed legislation

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January economic outlook is brighter

January 27, 2020 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook

January’s Economic Update brought us good short-term news: revenues are up, and the economy is growing at a good pace for now. However, with slower economic growth and potential for a recession on the horizon, policymakers should prioritize a strong budget reserve to be able to meet Minnesotans’ needs in future tough times.

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Census data illustrate opportunity gaps

October 17, 2019 • Betsy Hammer
Income and Inclusive Economy, Income and Work

Even in this relatively strong economy, nearly 1 in 10 Minnesotans find that lack of good paying jobs, challenging transportation obstacles, and other barriers make it hard to afford the essentials, much less get ahead.

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