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Saint Paul, Minnesota – Today, Minnesota Management and Budget released their budget forecast, indicating an $876 million budget surplus for the rest of this biennium.
Regarding the budget surplus, State Representative Erin Murphy released the following statement:
“While the take away number for many today is the $876 million surplus for the remainder of this budget year, responsible governing and budgeting necessitates us to look at what the future holds. Unfortunately, due to budgeting gimmicks—like borrowing from our schools—and the use of one-time funds, it would take $4.2 billion to get Minnesota’s budget ‘back in the black.’
“What we need moving forward is honest and sustainable budgeting. We need to look at ways to streamline services that will collect savings for the state and improve the lives of Minnesotans so they can contribute to our economy. The forecast shows much of the surplus is a result of the Affordable Care Act, which the Governor and DFL made a top priority despite repeated attempts by the Republican majority to block its implementation.
“My colleagues and I will continue to push for delivery and payment reforms that will continue the slow cost growth in health and human services. It is possible to change how we govern in a way that will mend the state’s budget, while improving the quality of life for all Minnesotans."
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