MINN POST: State economists: Minnesota finances stable with record-breaking surplus intact
16 Mar 2023
News
Minnesota’s budget office reported Monday that the state’s record-breaking surplus is slightly less record-breaking than it was in November — that the previous surplus of $17.6 billion is now only $17.5 billion.
But that would not be an accurate picture of what the updated economic and revenue forecast will reveal when the entire report is released later Monday.
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The announcement is part of the Biden administration’s effort to reduce emissions in the industrial sector, which make up nearly a quarter of the U.S.’s carbon footprint.
“Today’s announcement is yet another exciting step in the race to fully decarbonize our heavy industries … while ensuring America’s manufacturing sector...
Tom Lambrecht