For more information contact: Ted Modrich 651-296-5809
Statement from DFL Minority Leader Paul Thissen on S&P downgrade of Minnesota's bond rating
"Every day that passes, the consequences of the Republicans' beg, borrow, and steal budget solution become more glaring. Our kids started the school year in debt, with nearly half of their schools asking taxpayers to fill their budget gaps. Now the Republican-forced loans that schools, cities, and counties are seeking will come at a higher cost.
“We have warned Republicans for years that their insistence on borrowing would have consequences for our state, but they refused to listen. With property tax bills rising, schools falling deeper into debt, and our state's credit rating declining, we are all paying for the Republican majority's refusal to listen to Minnesotans and solve our chronic budget problems in a balanced and responsible way."