Minnesota slashes Budget

On Monday, the Minnesota government approved $312 million in government cuts. The cuts target local governments, public colleges, farm programs, and more. This is part of Governor Tim Pawlenty’s plan for partial deficit reduction. The state Senate passed the bill 44-23 and the House passed 76-55.

The bill only solves about a third of the states $1 billion deficit. Minnesota expects $400 million in federal aid on the way, which brings the deficit down to a more manageable amount.

Pawlenty’s original plan cut local governments by $250 million, reduced to $105 million. Other areas cut include tourism promotion and The Historical Society. A bigger deficit for the state os projected for the next budget cycle that begins in 2011.

Minnesota Democrats criticize the bill for being more in line with Republican views in reducing the size of the government.

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Posted on March 30, 2010, in Newspaper & Journal Articles, Politics & The Economy and tagged , , , . Bookmark the permalink. Leave a comment.

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