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  • 2.28.13.february Budget Forecast Comments

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    Dave Thompson
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    Senator Dave Thompson released a statement in response to Minnesota's improved February budget forecast, which reduced the projected deficit from $1.1 billion to $627 million. In the statement, Thompson notes that while the state's financial condition has greatly improved from a $5.1 billion deficit two years ago, now is not the time to raise taxes as proposed by Governor Dayton and DFL legislators, as tax increases would hurt families and slow economic growth. Thompson credits Republican efforts to balance the budget through spending priorities and restraint for the improved economy and revenues.

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    2.28.13.FEBRUARY BUDGET FORECAST COMMENTS

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    Senator Dave Thompson released a statement in response to Minnesota's improved February budget forecast, which reduced the projected deficit from $1.1 billion to $627 million. In the statement, Thompson notes that while the state's financial condition has greatly improved from a $5.1 billion deficit two years ago, now is not the time to raise taxes as proposed by Governor Dayton and DFL legislators, as tax increases would hurt families and slow economic growth. Thompson credits Republican efforts to balance the budget through spending priorities and restraint for the improved economy and revenues.

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    48 views1 page

    2.28.13.february Budget Forecast Comments

    Uploaded by

    Dave Thompson
    Senator Dave Thompson released a statement in response to Minnesota's improved February budget forecast, which reduced the projected deficit from $1.1 billion to $627 million. In the statement, Thompson notes that while the state's financial condition has greatly improved from a $5.1 billion deficit two years ago, now is not the time to raise taxes as proposed by Governor Dayton and DFL legislators, as tax increases would hurt families and slow economic growth. Thompson credits Republican efforts to balance the budget through spending priorities and restraint for the improved economy and revenues.

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    FOR IMMEDIATE RELEASE - MEDIA CONTACT: Amy Strenge, (651) 296-7633

    Senator Dave Thompson


    District 58 Serving Dakota County
    Office: 131 State Office Bldg., Saint Paul, Minnesota 55155

    For Immediate Release February 28, 2013

    State Budget Forecast Improves Again


    Now is Not the Time to Raise Taxes
    (St. Paul, MN) - Today Minnesotas Office of Management and Budget released the states February budget forecast. The projected deficit dropped from $1.1 billion to $627 million. Our state is in far better financial condition than it was two years ago, when we faced a $5.1 billion deficit. Two years ago, Governor Mark Dayton insisted that Minnesotas economy would be damaged without massive tax increases. Republicans held firm and balanced the budget by setting priorities and holding back the growth of government. Two years later our economy is improving, tax revenues are increasing, and the state is in better shape. But now Governor Dayton and DFL legislators want to raise taxes on every Minnesotan. This will hurt families, slow our economy, and return us to a cycle of low growth and big deficits, said Senator Dave Thompson (R-Lakeville), Assistant Minority Leader.

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