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Legislative News and Views - Rep. Jim Newberger (R)

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NEWBERGER ISSUES STATEMENT ON FEBRUARY FORECAST BUDGET IMPROVEMENTS

Thursday, February 28, 2013
SAINT PAUL, MN -- Rep. Jim Newberger, R-Becker, issued the following statement regarding the February forecast budget update:
 
"Today's budget forecast is yet another encouraging sign that Minnesota's economy is on the mend thanks to the sound fiscal restraint shown by the Republican majorities in 2011 and 2012. Under Republican leadership, a $5 billion dollar 2012-2013 deficit turned into a $2.3 billion dollar surplus. The projected 2014-2015 deficit has shrunk from over $4 billion dollars to just $627 million dollars today.
 
"If Republicans can close a $5 billion dollar budget gap without raising taxes, surely Governor Dayton and the DFL can come up with a way to close a $627 million dollar budget gap without resorting to job-killing tax increases and sales tax expansions that will raise taxes on middle-class Minnesotans and force more job-providing industries to relocate to other states."