|
FOR IMMEDIATE RELEASE
MEDIA CONTACT:
Amanda Tinsley
651-491-9946 (cell)
Amanda.Tinsley@house.mn.gov
News Release
SPEAKER DEMUTH STATEMENT ON GROWING DEMOCRAT DEFICIT
ST. PAUL — House Speaker Lisa Demuth, R-Cold Spring, issued the following statement regarding the February forecast released today by Minnesota Management and Budget, which shows a shrinking surplus for the 2026-2027 biennium, and a deficit of nearly $6 billion for 2028-2029.
"House Republicans warned that the out-of-control spending increases and tax hikes passed by the Democrat trifecta would wreak havoc on our state budget. While revenue continues to grow, spending is growing even faster. We cannot and will not raise taxes to fill this gap, especially after Democrats raised taxes on Minnesota families by more than $10 billion over the last two years.
"My expectation is that Democrats will come to the table with savings and cuts — not tax increases — to fix the mess they created. House Republicans are ready to work toward a responsible balanced budget that funds our priorities and protects vulnerable Minnesotans while addressing the fiscal disaster Democrats have created."
|
|
|
|
