Budget Outlook



A new economic forecast showing a 1.2 billion dollar surplus will give Minnesota lawmakers more leeway to pursue tax cuts and spending this session.
 
Republican Representative Greg Davids who serves on the House tax committee, says he would like to see some of the surplus used for tax relief.

Democrat Gene Pelowski says the surplus will now dictate whether a supplemental funding bill will be considered.

Gov. Mark Dayton and House leaders say they want fast action on a tax-cut plan of $500 million or more. Senate leaders are taking a go-slower approach and favor putting at least some of the surplus into a rainy-day account.

     
 

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