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Legislative News and Views - Rep. Dale Lueck (R)

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Statement from Rep. Dale Lueck on budget forecast

Friday, February 26, 2016


ST. PAUL – Rep. Dale Lueck, R-Aitkin, issued the following statement regarding the release of the state's new economic forecast on Friday, which calls for a $900 million surplus through June of 2017 – down $300 million from the previous full forecast.


"My approach remains the same on how to handle surplus revenue," Lueck said. "We have built up almost $2 billion in dedicated reserves. The next step is reforming the tax structure that caused the over-collection. That will leave those future dollars in the people's pockets and with our small businesses. After tax reform, then any excess dollars collected should go toward fixing our roads and bridges."


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