On Monday, Feb. 27, Minnesota’s Department of Management and Budget 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, after an automatic increase for inflation is factored in. 

Senator Cal Bahr (R-East Bethel) released the following statement:

The $17.5 billion surplus is a gross overcollection of money from taxpayers. Instead of the governor proposing a 25% increase in the state budget, we should be looking for efficiencies and ways to return the over-collected funds to the rightful owner: the taxpayer. Yet Democrats are looking for new ways to borrow more money to pay for their agenda. I will continue to push back against big government and fight for significant relief for every taxpayer in Minnesota.