Hello from the State Capitol,
?
Just days ago, the Minnesota House of Representatives gathered to begin the 2024 legislative session.
?
Though the second year of session during a legislative biennium is typically shorter in length than the first year, there will still be numerous controversial and non-controversial bills brought forward over the next few months. Know that I will continue fighting for common sense and fiscal responsibility at the State Capitol.
?
Though the budget was set last year, the ramifications from those financial decisions made by Democrat leadership have now come to light. The legislative majority spent a nearly $20 billion budget surplus, tacked on another $10 billion in tax hikes, and increased state spending by nearly 40%, and Governor Walz signed all of it into law.
?
Due to these actions, state economists now say Minnesota is projected to see a $2.3 billion budget deficit in the upcoming budget cycle.
?
I?ve heard from numerous constituents who are upset with the extreme spending by the majority, especially their decision to spend nearly $750 million on brand new Capitol office space.
?
This is typically a bonding year in the legislature, which means the House and Senate will try to come together and agree to a capital investment plan that will help fund construction projects across Minnesota. It?s worth remembering that lawmakers also passed a $2 billion bonding bill last session, so it will be interesting to see whether or not lawmaker appetite exists to pass another one.
?
As session moves along, please contact me if you have questions on any legislative item. I can be reached at [email protected] or by phone at 651-296-3240.
?
Have a good weekend,
?
Bjorn
|