Insiders predict a continued budget surplus when the latest state economic forecast comes out today (915am) — and business groups want lawmakers to ease their burden of replenishing the state’s COVID-depleted Unemployment Insurance Trust Fund. Republican Representative Rod Hamilton from Mountain Lake contends it make sense because the state has over a billion dollars in federal American Rescue money and also…
“Billions of dollars of surpluses in the General Fund and then also… for a Rainy Day Fund.”
Democratic Representative Mohamud Noor from Minneapolis, who chairs a key committee in the Minnesota House, responds:
“Everything is on the table. We have got so many other things that we haven’t accomplished during the regular session.”
…including how to distribute 250 million dollars in COVID bonuses to front-line workers. Some Democrats have been pushing for a larger amount which would allow bigger bonuses for a wider group of workers.