Thursday, April 9, 2009

Minnesota Budget Solutions

A reader just forwarded on a great new website

The organization is a coalition of some of the top conservative groups in the state. It's heartening to see this type of action being taken from the right- now we need our legislators to get on board.

The group had a press conference this week at the Capitol which was also on Almanac last night.

This is a highly useful website that provides reference data (that can be hard to find) on historical state budgets and there is a new document they are promoting called "Real State Budget Reform" which I'll be reading tonight.


Cool Gal said...

Thanks for the tip, Sheila. :) YEAH!

Jim said...

I like their calculator. I managed to adjust one line and go from a deficit of $7B to a surplus of $4.3B. Maybe I'm too cruel with my "HHS is not the role of government" adjustment in the spreadsheet. I'm sure there are all kinds of contracts and promises that prevent it from being that easy. Being the #2 biggest budget item after education, HHS is a beast and should be a target for reduction rather than allowed to keep growing exponentially (which is unsustainable).

I'll have to poke around the rest of the site later. It does look very interesting.

Norann said...

This group has been meeting since November. They deserve a lot of credit for questioning the fundamental functions and purposes of government. The best part is that this report is a starting point!

Jim said...

To put things in perspective, our MN budget deficit is $6.1B over two years. The Feds went that much deeper into debt EACH DAY last month with no signs of slowing any time soon.

WASHINGTON (AP) -- The Treasury Department said Friday that the budget deficit increased by $192.3 billion in March, and is near $1 trillion just halfway through the budget year, as costs of the financial bailout and recession mount.

Last month's deficit, a record for March, was significantly higher than the $150 billion that economists expected.

The deficit already totals $956.8 billion for the first six months of the budget year, also a record for that period. The Obama administration projects the deficit for the entire year will hit $1.75 trillion.

Deficit higher than expected... never would have guessed that. It'll be $2T for the year, $1.75 is a little optimistic.