by Charley Shaw
Published: March 3, 2010
Tags: budget deficit, corporate income tax, Department of Revenue, Income taxes, Tom Stinson
With the release of another economic forecast this week, fiscal analysts, lawmakers, reporters and the rest of the Capitol world set about their semi-annual search through the details of the state’s most recent budget performance.
by Charley Shaw
Published: March 2, 2010
Tags: 2010 legislative session, budget, Tom Stinson
Minnesota's budget gap narrowed in the economic forecast released this morning. Lawmakers are now looking at a $994-million general fund shortfall for 2010-2011. That's an improvement from $1.2 billion in red ink in last November's economic forecast.
by Mark Anderson
Published: December 11, 2009
Tags: Tom Stinson
So far this fall, Stinson's bad deficit news hasn't added too much worry about the state's ability to repay its debts, according to Kimberly Lyon, an analyst monitoring Minnesota for Moody's Investor Service.
by Betsy Sundquist
Published: December 4, 2009
Tags: Alice Hausman, Margaret Anderson Kelliher, Minnesota 2010 bonding bill, Tom Stinson
Minnesota lawmakers hope to move a $1 billion bonding bill through the 2010 Legislature in as expeditious a manner as possible, with the goal of putting unemployed Minnesotans back to work.
by Peter Bartz-Gallagher
Published: December 3, 2009
Tags: Dave Senjem, Margaret Anderson Kelliher, Tim Pawlenty, Tom Bakk, Tom Hanson, Tom Stinson, Tony Sertich
The day in photos from the Capitol.
by Charley Shaw
Published: September 10, 2009
Tags: Al Quie, Arne Carlson, Bob Vanasek, Dean Johnson, Tim Pawlenty, Tom Gillaspy, Tom Stinson
Past governors and legislative leaders fault both politics and demographics.
by Charley Shaw
Published: September 9, 2009
Tags: 2012-2013 budget, Tom Stinson
Former Minnesota governors and legislative leaders spent this morning and afternoon confronting the gargantuan deficit that is estimated for the 2012-2013 budget.
by Steve Perry
Published: July 15, 2009
Tags: Bernard Madoff, July 2009 Economic Update, Minnesota 2010-11 budget, PIM interview, Tom Petters, Tom Stinson
Yesterday afternoon PIM spoke with Minnesota state economist Tom Stinson about the recently released July Economic Update [previous item]. The good news, he says, is that tax refunds and settle-up payments for 2008 are shaping up to be very near the predicted range. But Stinson also notes that the outlook for FY2010-11 state revenues has grown [...]
by Steve Perry
Published: June 10, 2009
Tags: Minnesota 2010-11 budget, Minnesota revenue, Taxes, Tom Stinson
By now, anyone with the remotest interest in the state’s budget crisis has heard about the so-called "structural deficit" that’s become a regular part of the state’s biennial juggling act. They also know it’s grown markedly worse since the national economy tanked last fall. What’s less clear is how we got into this situation. What [...]
