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Recently on our blog…- More details of tax portion of budget framework emerge May 17, 2013 Nan Madden
- Governor, House and Senate move forward with budget framework in place May 15, 2013 Minnesota Budget Project
- House and Senate make key investments in economic development and housing May 9, 2013 Caitlin Biegler
- Senate omnibus tax bill shares goals with Governor and House, but differs in the details May 1, 2013 Nan Madden
- Health and human services omnibus bills make good investments using wrong resources April 30, 2013 Christina Wessel
Category Archives: Economy
House and Senate make key investments in economic development and housing
For the state’s economy to grow, Minnesota needs to invest in a strong and stable workforce. The entire state benefits when Minnesotans have better access to education, specialized training and stable housing. The House and Senate omnibus economic development bills propose new … Continue reading
April economic update brings more good and not-so-good news
State revenues continue to come in higher than expected and employment in Minnesota has returned to pre-recession levels, according to the April 2013 Economic Update from Minnesota Management and Budget. That’s the good news. During February and March, state revenues … Continue reading
Posted in Economy
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10 Ways in 10 Days Eight: Invest in Job Training
Today’s 10 Ways in 10 Days story from Invest in Minnesota is about investing in job training: Imagine that you’re the main provider for your wife who has health issues, a brother with physical and mental disabilities, and a daughter … Continue reading
Posted in Budget Proposals, Economy, Taxes
Tagged 10 Ways in 10 Days, Invest in Minnesota, job training, Lifetrack Resources
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Take-aways from the February Forecast
Continuing state budget deficits show that Minnesota has not found a sustainable way to meet the state’s needs and to fund our priorities. That’s according to our new analysis, Minnesota Economy Improving, but Deficits Continue: A Look at the February … Continue reading
Posted in Budget Process, Economy
Tagged economic forecast, February 2013 Economic Forecast, February Forecast, Minnesota Economy, Minnesota Management and Budget, sttae budget
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Governor Dayton’s budget proposal part 4: Economic development, housing, assistance for low-income Minnesotans, veterans
Governor Dayton’s budget seeks to put the brakes on more than a decade of budget deficits, gimmicks and deep cuts to services, and instead create a fairer tax system that invests in our future. We’ve talked about some of his … Continue reading
Posted in Budget Proposals, Economy, Taxes
Tagged economic development, Governor Dayton budget, housing, legal services, state budget, veterans
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January economic update shows good and bad news
State revenues are coming in much higher than expected. The January 2013 Economic Update from Minnesota Management and Budget told us that bit of good news. However, there’s some also not-so-good news. First, the up side. For November and December … Continue reading
Posted in Economy
Tagged budget, debt ceiling, economic forecast, economic update, state budget
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Time to break a bad habit
The 2013 Legislature must break the state’s deficit-and-gimmick habit and make sure future budgets are sustainable over the long term. That’s the major conclusion we draw from the latest projections about the state economy. The state’s November 2012 Economic Forecast … Continue reading
Posted in Budget Process, Economy, Taxes
Tagged 2013 Legislative Session, budget deficits, budget gimmicks, deficits, economic forecast, state budget, sustainable track
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Most who don’t owe federal income taxes are working or elderly
The question of who is in the “47 percent” still resonates. I found that out when I spoke at a public policy forum held by AccountAbility Minnesota about what’s at stake for Minnesota’s low-income families in the federal and state … Continue reading
Posted in Economy, Taxes
Tagged 47 percent, AccountAbility Minnesota, Center on Budget and Policy Priorities, Economy, federal taxes, state taxes, tax fairness, Taxes
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What’s at stake for low-income taxpayers in the fiscal cliff
I had the pleasure of speaking last week at an AccountAbility Minnesota public policy forum about what’s at stake for Minnesota’s low-income families in the federal and state tax policy debates. As you might expect, the fiscal cliff was a … Continue reading
Posted in Economy, Federal Budget, Taxes
Tagged AccountAbility Minnesota, child tax credit, deficit reduction, earned income tax credit, EITC, fiscal cliff
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The state’s cycle of budget deficits continues
The state’s cycle of budget deficits continues. That’s the news from this morning’s release of the November 2012 Economic Forecast. The state ended the August special session with a $1.1 billion deficit projected for the FY 2014-15 biennium. And that’s … Continue reading
Posted in Budget Process, Economy, Taxes
Tagged budget deficits, budget reform, economic forecast, fiscal cliff, medicaid, November 2012 Economic forecast, tax reform, Taxes
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