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State Representative Debra Kiel
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-5091
For more information contact: House GOP Communications 651-296-5520
NEWS RELEASE
REP. KIEL RESPONDS TO FEBRUARY BUDGET SURPLUS
Rep. Kiel says reducing the size of government and not raising taxes is key to economic growth.
St. Paul – Wednesday lawmakers received the annual budget forecast. Minnesota Management and Budget released the annual forecast which indicated a surplus of $323 million.
“This surplus is certainly good news for Minnesotans. This money will go toward paying back our reserves,” said Rep. Kiel. “This is definitely a step in the right direction, reducing the size of government and not raising taxes is key to our economic growth.”
During the 2011 session, legislators eliminated a $5.2 billion budget deficit and implemented reforms. Unemployment in Minnesota has decreased to 5.7 percent, lower than the national average of 8.5 percent.
“Our economy is continuing to improve,” added Rep. Kiel. “At the legislature we need to keep our focus on government reforms that will put Minnesotans back to work and give our job creators the tools they need to grow in Minnesota.”
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