Archive for February 2018

2018 February Forecast: Small Change from November

The 2018 February Budget and Economic Forecast released by Minnesota Management & Budget (MMB) today projects a $329 million surplus in the current fiscal year (FY) 2018-19 biennium, a slight reversal from the small deficit anticipated in the November 2017 forecast. However, after adjusting for the effects of inflation—which are largely omitted from the official…

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The Room that Controls your Electric Sockets

The Room that Controls your Electric Sockets Did you know that a giant room in a nondescript building in Eagan, MN controls your electric sockets? Reminiscent of a scene from Dr. Strangelove, a full wall of brightly colored lines and blips and bits represents the sale and flow of electricity from Manitoba to Louisiana. Welcome…

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Minnesota thrives, Rauner fails on jobs

The following is a guest commentary that recently appeared in the The State Journal Register of Springfield, Illinois.   The numbers tell a harsh story: since Gov. Bruce Rauner came to office in January 2015, Illinois has been one of only four states nationwide and the only Midwestern state to have lost population. Job growth…

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Sexually Transmitted Infections Plague Minnesotans Across the Age Spectrum

Sexually Transmitted Infections Plague Minnesotans Across the Age Spectrum Minnesotans contracted sexually transmitted infections (STIs) more in 2015 than in any other year in the 21st century. According to the Centers for Disease Control and Prevention (CDC), incidence rates (the number of new cases) of chlamydia, gonorrhea, and syphilis have all risen since 2000. Worryingly,…

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State Revenues: the Real Story

Minnesota conservatives argue that the state general fund grows bigger and bigger, year in and year out. After adjusting for inflation, however, per capita general fund revenue in Minnesota falls short of levels seen at the beginning of the current century. While the 2013 tax increases have buoyed real per capita general fund revenues, they…

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Minnesota Needs the Provider Tax Renewed

A financial crisis threatens the Health Care Access Fund (HCAF), one of the primary revenue sources for Medical Assistance in Minnesota. Recent federal decisions led to cuts in MinnesotaCare funding, and subsequent lawsuits brought the financial status of MinnesotaCare into the public eye. But Minnesota has a larger problem ahead, as the primary revenue generator…

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Enjoy Your Penny While You Can, Homer

A recent blog post from the Center for the American Experiment (CAE)—Minnesota’s right wing think tank—features an overjoyed Homer Simpson. Homer apparently celebrates the “bonuses and pay hikes” that Minnesota workers are supposedly receiving through recent federal tax cuts. Only Homer—a slow-witted sap that can be duped into any harebrained scheme by a bag of…

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