Minnesota's Budget Outlook: Surplus Shrinks as Spending Cuts Loom
TL;DR Summary
Minnesota is at risk of facing a budget shortfall due to a revenue shortfall caused by the COVID-19 pandemic. The state's fiscal deficit is expected to reach $4.7 billion by 2023, leading to potential cuts in public services and increased taxes to address the shortfall.
- Why Minnesota could soon face a budget shortfall Star Tribune
- DFL, GOP leaders weigh in on 2024 budget forecast, bonding bill and spending cuts MPR News
- Minnesota budget surplus forecast at $2.4 billion heading into 2024 FOX 9 Minneapolis-St. Paul
- State spent everything everywhere all at once, then reality bit Star Tribune
- Gov. Walz seeks to temper budget expectations. Flu season is upon us MPR News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 4 min read
Condensed
94%
801 → 45 words
Want the full story? Read the original article
Read on Star Tribune