SAINT PAUL, Minn. – This morning, the Minnesota Department of Management and Budget (MMB) released the November budget forecast showing a budget surplus of $7.7 billion for the fiscal year 2022-2023 biennium. In response, Senator Karla Bigham (DFL-Cottage Grove) released the following statement:
“With the announcement of a $7.7B budget surplus, the legislature finds itself in a unique position to focus on supporting working-class and middle-class Minnesotans who have been left behind during the recovery from the ongoing COVID-19 pandemic.
“While it is clear that the state of Minnesota is in a strong financial position, many Minnesotans are still struggling with the cost of childcare, healthcare, housing, and more. That is why we must use this opportunity to take action to address their needs and ease the financial pressures that are impacting working Minnesotans.
“I applaud the Governor for the difficult decisions that he and his administration made during the pandemic to keep our state moving in the right direction and I look forward to working with my colleagues on both sides of the aisle to forge a path forward that maintains our state’s financial health while supporting working Minnesotans.”