St. Paul, Minnesota —– Speaker Paul Thissen released the following statement regarding today’s positive economic update from the Office of Minnesota Management and Budget (MMB). According to MMB, the state’s net general fund receipts exceeded projections by $172 million (5.4 percent).
“Minnesota’s economy has continued to grow at a faster pace than the rest of the nation which is a testament to our great workforce and businesses. Our economy is on the right track and we need to continue focusing on ways to make more progress.
Our priority next session will be to grow our middle economy and expand economic opportunities to more Minnesotans.
We have work to do to grow Minnesota’s middle class — starting with raising the minimum wage — to make sure that all Minnesotans have the opportunity to share in this growing prosperity.”