Senator Bakk responds to the November Forecast’s projected budget deficit
St. Paul, Minn.—Senate DFL Caucus Leader Tom Bakk (DFL-Cook) has released the following statement in response to the $188 million 2018-2019 deficit and $586 million 2020-2021 budget deficit.
“Today feels like the era of Tim Pawlenty, when Minnesota faced a crisis of ongoing deficits, borrowed billions from schools, and faced an avalanche of accounting shifts and gimmicks,” Bakk said. “I fear Republicans—again—have brought Minnesota to the precipice of that same kind of irresponsible budgeting.”
“I find myself saying the same thing today as I said in March, the Minnesota Republican tax bill is unaffordable, unsustainable, and unwise for Minnesota,” said Bakk. “But as predicted, Republicans are holding out hope for the Washington D.C. Republicans’ tax plan and other federal dollars to save us from this deficit. The truth is the federal Republican tax bill is just as unaffordable as the Minnesota Republicans tax bill, that has put us into deficit today.”