Minnesota’s budget forecast released today shows an initial surplus of $3.7 billion this budget, with continued structural imbalances impacting the bottom line in the future.

“While Democrats continue to blame D.C. for Minnesota problems, the reality is that we are spending more than we take in. Short-term surpluses are not enough to cover long-term obligations, and that is a direct result of Democrats’ reckless spending in 2023 and 2024,” Senate Republican Leader Mark Johnson (East Grand Forks) said.

“Despite an improved national economic outlook, Minnesota’s economy is stagnant, fraudsters stole billions from Minnesotans in need, and we are paying more in taxes and earning less because of Democrats’ mandates. This forecast requires us to stop the fraud, reduce mandates, and pass tax relief that makes a positive difference to Minnesotans’ budgets.”