Lawmakers Say Minnesotans Are ‘Overtaxed’ and ‘Fed Up’ After Release of Budget Forecast

An economic forecast released Thursday predicts Minnesota will have a budget surplus of $1.3 billion for the 2020-21 biennium, setting up debates between state lawmakers about what their budgeting priorities will be when they return for session in February.

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Walz Will Reexamine Budget Proposal ‘Line By Line’ After Forecast Comes Up $492 Million Short of Previous Estimates

Gov. Tim Walz (D-MN) will have to reexamine his budget proposal “line by line” after Thursday’s budget forecast came up $492 million short of November’s estimated $1.5 billion surplus. It’s only been nine days since Walz unveiled his first budget proposal for the 2020-2021 biennium, which capped out at $49.5…

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