I wanted to add a footnote to the grim reports about the state’s future general fund and unemployment insurance deficits I’ve posted here this week.
Any discussion of future revenues and deficits is bound to contain an obligatory qualifier. As Lee Nelson of DEED put it in talking about the projected unemployment insurance fund deficit, "If [...]
The likely impact of the fiscal hole left in Minnesota’s finances when Gov. Tim Pawlenty exits stage right a year and a half from now is so big it seems practically unfathomable from here. Around the Capitol, only fiscal staffers and a handful of legislators have really begun to reckon with it. But a little [...]
The likely impact of the fiscal hole left in Minnesota’s finances when Gov. Tim Pawlenty exits stage right a year and a half from now is so big it seems practically unfathomable from here. Around the Capitol, only fiscal staffers and a handful of legislators have really begun to reckon with it. But a little [...]
In recent months, Gov. Tim Pawlenty has made some dire pronouncements about the future fiscal health of the federal government and state governments across the country [previous PIM item]. Just two weeks ago, in announcing that he wouldn’t seek a third term, he proclaimed (emphasis added), "The tax code in Minnesota is a relic of [...]
There’s some dispute over the size of the deficit that state government can expect to confront in the next budgeting session in 2011. At his unallotment presser on Tuesday (I’ve got a fuller summary at CapReport), Gov. Tim Pawlenty put the figure at $4 billion. Former state finance commissioner Jay Kiedrowski has said $4.5 billion.
This [...]
In the flurry of budget activity last week, most media gave short shrift to what may have been the most surprising number of all. On Tuesday, Gov. Tim Pawlenty’s presentation of his revised budget included a one-sheet summary that showed the state emerging from the 2012-13 biennium with a small surplus under his plan.
But when [...]
About that bill requiring the state of Minnesota to balance its budget not only for the current biennium but for 2012-13 as well:
As we posted yesterday, Rep. Laura Brod (R-New Prague) is claiming that the law does not require Gov. Tim Pawlenty’s revised budget (due later this month) to solve the problem of the next [...]
