The 2026-2027 fiscal year balance is now projected at $3.7 billion, $1.3 billion higher than what was estimated in November. The summary also states "A slightly improved economic outlook drives a ...
A new forecast from Minnesota's budget office is projecting a nearly $3 billion shortfall for the upcoming biennium, or budget cycle. The budget office blames the increased deficit on rising spending, ...
The short-term effects for markets have already been substantial, and more turbulence is potentially brewing for the ...