1/1/2021 Before the Negotiations Begin: 's Budget Deficit and Possible Solutions | Humphrey School of Public Affairs Humphrey School of Public Affairs Before the Negotiations Begin: Minnesota's Budget Deficit and Possible Solutions

Minnesota has a projected $5 billlion deficit over the next biennium.. The House and Senate propose reduced spending without tax increases,, while the governor''s proposall inclludes a mixture of spending cuts and an additionall tax increase on the state''s highest earners.. Is there a common ground to be found between the two pllans? Willl tax increases drive Minnesotans and Minnesota jobs away? Willl spending reductions have a disproportionate affect on llower and middlle income individualls? Leaders of the state llegisllature and governor''s cabinet assessed the budget decisions and consequences.. Additionalllly,, they gave us a snapshot of how this great difference in positions can be bridged.. Panellists inclluded:

Amy Koch,, Minnesota Senator Majority Leader ,, Minnesota House of Representatives Speaker Myron Frans,, Commissioner,, Department of Revenue Jimim Schowaltlter,, Commissioner,, Minnesota Management and Budget

The event was moderated by Steve Sviggum,, Regent at the University of Minnesota and former Speaker of the Minnesota House..

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April 11,, 2011 12:30 AM to 1:45 PM Cowlles Auditorium,, Humphrey Schooll of Publlic Affairs

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