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Latest Forecast Shows More Improvement In Mn Budget Shortfall

by
Minnesota State Capitol
Minnesota State Capitol

ST. PAUL, MN (KDAL) - The latest budget outlook for Minnesota shows improvement for fiscal year 2014-15 according to figures released on Thursday.  The budget shortfall is now predicted to be 627 million dollars which is considerably less than the November forecast of a deficit of a billion dollars.  State Senator Roger Reinert says while the deficit has been reduced by about 40 percent due to economic growth, structural budget issues still remain.  

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