Rep. Paul Rosenthal (49B) – Legislative Update
Dear Neighbors,
On Wednesday, Minnesota Management and Budget announced a forecasted budget surplus of $329 million. The state budget forecast reflects current law, and is based on the most recent information about the national and state economic outlook. What this estimate does notinclude is the rate of inflation in future years.
While Minnesota’s budget remains relatively stable, federal uncertainty threatens the economic outlook for our state and Minnesota families. It’s important to exercise caution; that’s why I have been pushing for legislation that would include the rate of inflation in these economic forecasts. The goal of my bill would be to give more accurate numbers, helping us enact wise budgeting and smart investments for the future. Continue reading “Rep. Paul Rosenthal (HD49B) Update: March 2, 2018”