MPR’s Laura McCallum reports that state officials released the latest revenue forecast, which for the first time in nine years shows a drop in projected revenues from the previous forecast. Minnesota lawmakers will have about 600-million dollars less than expected for tax cuts and spending increases over the next two years.
While the numbers indicate an economic slowdown, not a recession, it has has created debate between governor and legislators on how best to utilize money.
Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.
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