Minnesota’s Department of Management and Budget today released its February revenue forecast, which provides information and an outlook for Minnesota’s financial picture. The report shows the surplus holding steady at $17.5 billion, with inflation accounting for $1.4 billion going back into state spending automatically.

Senator Jordan Rasmusson (R-Fergus Falls) released the following statement:

While government coffers are growing, many Minnesotans are still struggling to afford everyday expenses and need immediate relief. Instead of tax hikes, we should be discussing tax relief, including the full repeal of the tax on Social Security income. Unfortunately, Democrats are still trying to increase taxes to pay for their liberal agenda. Minnesotans deserve real financial relief, and Senate Republicans will continue to fight to deliver just that.