“Minnesota is facing a serious budget challenge, and all sides agree that we will need to make significant spending reductions in the months ahead to bring the state’s budget into balance.
Our caucus will be taking a close look at the cuts proposed today by legislative Republican leaders, but will reserve final judgment until they put a complete budget solution on the table. As of now, their plan would solve about one-sixth of the $6.2 billion deficit facing our state.
It is telling, however, to note what is included in the first round of budget cuts offered by the Republican majorities: cuts to state colleges and universities, cuts to property tax relief programs, and cuts to health care for working families. Despite the Republican rhetoric around “reform” and “redesign,” it’s clear that an all-cuts budget is going to have a dramatic impact on Minnesota families.
It also points to the irresponsibility of the Republican proposal to offer millions of dollars in tax breaks to large corporations during these difficult times. The question is: should we really be raising taxes on working families at the same time we’re cutting taxes on out-of-state corporations?”