Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

Minnesota’s projected budget surplus has grown to nearly $2.5 billion in the current two-year budget cycle, though a projected shortfall of almost $3 billion is expected in the following two years.

Minnesota budget analysts project the state will have a surplus of nearly $2.5 billion in the current budget and a deficit of just under $3 billion in the next, a significant shift compared to a more ...