ST. PAUL – Today, Minnesota Management and Budget released the February budget forecast, indicating a $9.25 billion surplus. This is more than the December forecast of $7.7 billion.
Representative Nels Pierson (R-Rochester) issued this statement regarding the report:
“This $9.25 billion surplus is further evidence that Minnesotans are being overly taxed,” Pierson said. “This money should go to eliminating our social security tax and filling our unemployment fund. Minnesotans need meaningful relief, and this budget surplus is the way to do it.”