| This week, the state released the November budget forecast which painted a very clear picture of the Democrats’ failure to responsibly manage our tax dollars. It projects a $616 million surplus at the end of 2026, down $1.1 billion from previous estimates. The only reason we have this small projected surplus in the short term is because Democrats slapped $10 billion in new taxes and fee increases on Minnesotans, but even those massive increases won’t keep up with their out-of-control spending.
Further, the forecast projects a massive budget shortfall north of $5 billion by 2029. These forecast numbers do not account for any new spending, meaning that new spending bills passed in the next legislative session will further increase the deficit down the line.
Minnesotans were very clear with us this past November, it’s time to clean up this mess and work to get our state out of the top 10 highest tax burdens in the country. The last two years of one-party control have been devastating for family budgets, small businesses, and even for schools. They increased government spending 40%, lost nearly $1 billion to waste, fraud, and abuse, and implemented one-size-fits-all mandates on small businesses, schools, and local governments. All of this resulted in higher taxes and increased fees for Minnesotans.
This coming session we need leaders to prioritize Minnesota families and make sure we have a government accountable to those it works for. I will be focusing on increasing government transparency, protecting family budgets, and supporting common-sense reforms for industries that fuel our economy and employ our neighbors.
Contact me
If you have any questions or comments about the issues we are working on, please contact me anytime. My email is sen.justin.eichorn@mnsenate.gov, or you can call me at 651-296-7079.
Don’t forget to follow me on Facebook: https://www.fb.com/SenatorJustinEichorn.
It is a privilege to serve you!
Sincerely,
Justin D. Eichorn
Minnesota Senate District 6 |
