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State Representative Chris Swedzinski
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-5374
For more information contact: House GOP Communications 651-296-5520
LEGISLATIVE UPDATE
News From Representative Swedzinski - November Forecast
Today state economists revealed the state budget has a surplus of about $876 million. This is great news regarding the state budget. This is large part due to the men and women of Minnesota that are diligently managing their businesses and creating jobs in Minnesota.
The last time we were in the black was in 2007, when state economists announced a near $1 billion surplus. Since then, runaway spending has consistently put our budget in the red. We worked hard during the 2011 session to eliminate the $5 billion deficit, and much due to restraining government spending and encouraging private sector job growth.
Minnesota Management and Budget has said according to state law $255 million will be used to bring the state's cash-flow account back to a total of $350 million, which is the statutory maximum and the remaining $621 million be used to bring the state's budget reserves to a total of $648 million, $ 5 million below the $653 million statutory maximum.
Our focus must remain on helping Minnesota job creators build successful businesses, and we can do that by providing the right tools, like reducing the tax burden, and alleviating government bureaucracy. In order to sustain a healthy state budget we must be committed to strengthening our economic climate and making our state business friendly.
Sincerely,
Chris Swedzinski
News Items
- News from Representative Swedzinski - Memorial Day - (Posted: 2012-05-25 00:00:00)
- News from Representative Swedzinski - (Posted: 2012-04-20 00:00:00)
- News from Representative Swedzinski - (Posted: 2012-04-13 00:00:00)
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