MinnPost Walz’s budget: OMG or DOA?
I am kind of guessing Dead On Arrival... It looks like he is proposing a lot of long term spending that will become problematic if a recession comes... Like it always does... Thoughts?
I am kind of guessing Dead On Arrival... It looks like he is proposing a lot of long term spending that will become problematic if a recession comes... Like it always does... Thoughts?
As with all Governor's budgets, it is DOA. The new budget forecast comes out next week, and I would expect a substantial chunk of the projected November surplus is going to disappear, which will require major revisions just in and of itself. Walz's budget to me looks like a document designed to be an opening position in a negotiation with Senate Republicans -- namely, there are some very specific things that look like they could be easily bargained away with the hope of getting other things.
ReplyDeleteI assume it also shows that he "tried" to keep all of his campaign promises...
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