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State Representative Rod Hamilton
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-5373
For more information contact: Jason Wenisch 651-296-2317
NEWS RELEASE
REP. HAMILTON REITERATES NEED TO PRIORITIZE FOLLOWING LATEST STATE BUDGET FORECAST
ST. PAUL – Minnesota’s latest economic forecast notes a continued state budget deficit; it’s just not as large as once expected.
According to the latest numbers, Minnesota now faces a $994 million shortfall for this year, which is $184 million less than projected last November. However, the projected budget deficit for the 2012-13 budget cycle now stands at $5.8 billion.
“The short term numbers are better than we first anticipated,” said State Representative Rod Hamilton (R-Mountain Lake), “but it’s clear we still have a lot of work to do to solve our economic problems.”
Hamilton said a small $25 million increase in forecast general fund revenues, combined with a $184 million reduction in forecast spending, reduced the $1.2 billion budget deficit projected in November to $994 million.
With a large deficit remaining, Hamilton said lawmakers will once again have to prioritize spending. Hamilton, who was a guest speaker at the Association of Residential Resources in Minnesota (ARRM) rally at the State Capitol the day the forecast was released, said Minnesotans with developmental disabilities and their caregivers is one specific area that should be recognized.
“People with disabilities and those who are unable to take care of themselves are people state government should be assisting,” Hamilton said. “I value their work and their importance to our communities and our state, and I’m always proud to fight at the State Capitol on their behalf.”
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