State Economist praises the Federal Stimulus Money

A thorough and informative article was published by Doug Grow from Minnpost.com titled “Budget forecast highlights the vastly different federal stimulus views of Pawlenty and state economist.” 
As it states in the article, Gov. Pawlenty has been in “attack mode” regarding almost everything the Obama administration has been doing including the federal stimulus money.  However, quietly [...]

Interesting Briefs Filed on Unallotment

On Monday, March 15, at 9:00 AM the Minnesota Supreme Court will address the arguments for and against the unallotments made to the budget by Governor Pawlenty.
In a Friend of the Court Brief from the League of Minnesota Cities, an argument is made that the legislature, when passing the unallotment statute in 1939, does not [...]

$1 Billion Bonding Proposal Could Create 10,000 Jobs

The Capital Investment Bill introduced on Thursday focuses on job creation, funding for Minnesota State colleges and universities and additional monies for buses and light rail. The HF2700 Bonding Bill Spreadsheet_1 presents a list of projects and proposed funding levels being considered. You can follow the progress of the Bill on the Minnesota House [...]

Middle Class hardest hit for State taxes

I received an interesting report from the Washington, D.C. office of the Institute on Taxation and Economic Policy. In the 2009 edition of Who Pays? A Distributional Analysis of the Tax Systems in All 50 States, it was found that
One-fifth earn under $23,000 a year. They pay on average 9.2% of their income in [...]

MINNESOTA HOUSING FINANCE AGENCY

 
The Minnesota Housing Finance Agency has more than $1.4 billion in new funding available to support affordable housing programs for a two-year period beginning Oct. 1, 2009.
An estimated 97,000 Minnesota households will receive assistance under the proposed budget program, Commissioner Dan Bartholomay told a joint hearing of the House Housing Finance and Policy and Public Health [...]

A Constitutional Amendment that Affects Us All, and the Importance of the Middle Class

Minnesota Rep. David Bly discusses the importance of the middle class and introduces an amendment that protects our economic vitality.
We all do better when we all do better.

updated at 4:00 pm on 9/5/09

Small Business Health-insurance Dilemma

This morning I participated along with Sen. John Marty in a press conference focusing on a study by US PIRG on the dilemma small businesses find themselves in finding access to health care for their employees.
We stood outside Tracy Singleton’s Birchwood Café in Seward neighborhood of Minneapolis, and visited with her, John Kolstad of the [...]

Modern Myths and Fables: Are Taxes Really as Bad as They Say?

Dane Smith writes about a new book by a Minnesotan that debunks the proposition that the more money we keep away from government, the freer we are.
“If freedom varies with the portion of our income we keep,” Handelman observes in the book, “then we were freer in 1900.
“Yet most of us, I suspect, would prefer [...]

What does the future hold?

We must secure for our children and grandchildren a recovery that lays the foundation for a good and prosperous life and not a mountain of debt placed at their feet by the misbehavior of others.
I want schools that work, a transportation system that can deliver the goods, a health care system that values people more [...]