Monthly Archives: December 2009

Report highlights cost of inaction on health care reform

The House and Senate are in the process of passing a comprehensive plan for reforming the health care system. But regardless of what Congress does in the coming months, U.S. health care costs will continue to rise. The question is, … Continue reading

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Federal Economic Recovery Act is saving jobs, keeping thousands out of poverty

Roughly 66,000 Minnesotans are living above the poverty line this year thanks to a boost from the American Recovery and Reinvestment Act of 2009, according to a recent study by the Center on Budget and Policy Priorities (CBPP). The Recovery … Continue reading

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Updates and opportunities to act on climate change

At the end of November, we blogged about how the Senate bill addressing climate change (the Clean Energy Jobs and American Power Act) fell short of delivering the funds needed for low-income consumer relief. Now we’re writing to Senators Klobuchar … Continue reading

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Legislature discusses state’s cash flow, budget deficits

The 2010 Legislative Session may begin on February 4, but the action at Minnesota’s state capitol is underway right now. The Legislative Commission on Planning and Fiscal Policy‘s subcommittee on a balanced budget (a joint venture between the House and … Continue reading

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Legislature discusses state's cash flow, budget deficits

The 2010 Legislative Session may begin on February 4, but the action at Minnesota’s state capitol is underway right now. The Legislative Commission on Planning and Fiscal Policy‘s subcommittee on a balanced budget (a joint venture between the House and … Continue reading

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Senate committee to review Governor’s proposed constitutional amendment

The Senate Tax Committee is holding a hearing today about the recent November Forecast and the Governor’s proposed constitutional amendment to limit spending. This Spending Limit Amendment is an extreme and inflexible tool that takes decision-making power out of the … Continue reading

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Senate committee to review Governor's proposed constitutional amendment

The Senate Tax Committee is holding a hearing today about the recent November Forecast and the Governor’s proposed constitutional amendment to limit spending. This Spending Limit Amendment is an extreme and inflexible tool that takes decision-making power out of the … Continue reading

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CBO: Up to 1.6 million jobs created or preserved by stimulus

As bad as it is, the current recession would have been worse without the stimulus package, according to a recent report by the nonpartisan U.S. Congressional Budget Office (CBO). The American Recovery and Reinvestment Act created or preserved between 600,000 … Continue reading

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November Forecast: $1.2 billion deficit now, $5.4 billion deficit later

$1.2 billion. That’s the new deficit that has opened up for the current biennium (FY 2010-11), according to the state’s just-released November Forecast. About 70 percent of this deficit is due to lower than expected income tax receipts. Remember, policymakers already … Continue reading

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