Finance officials release the latest state budget forecast Thursday — the first look at the budget since Gov. Mark Dayton and the GOP-controlled Legislature enacted a budget plan that delayed school aid and borrowed against future tobacco payments to erase a $5 billion deficit. Guests on Midday include MPR News reporter Tom Scheck, and two former speakers of the Minnesota House -- DFLer Margaret Anderson Kelliher and Republican Steve Sviggum.
Tom Scheck will be on Midday at 11...along with two former speakers of the Minnesota House -- DFLer Margaret Anderson Kelliher and Republican Steve Sviggum.
MPR's Scheck: Forecast creates breathing room for governor and lawmakers but cautions forecast for economic growth has been cut....forecasters saying it's still a long slog.
Sviggum: Absolutely zero connection between surplus announcement and proposals for a Vikings stadium. "Not even a thread between the two issues."
State economist Tom Stinson. Economic outlook worse now than it was in February but there is not another recession in the forecast.
State economist Stinson: The Minnestoa economy is doing better than nationally, jobs and wages are growing faster than the US average; that's expected to continue through 2012.
State economist Stinson: "These forecasts are not guarantees. You may have already figured that out ."(reporters chuckle)