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News Day: More on MN deficit and recession

March 4: Back to school / MN Job Watch / TCF and TARP / TOP SECRET no longer / Sudan, Afghanistan, Mexico and more

Budget deficit: Day 2 In the aftermath of the revelation that the economic stimulus will keep the red ink from rising higher, lawmakers and the governor are back to sparring over how to make up the $4.6 billion deficit. A trio of MPR reports gives context: State Finance Commissioner Tom Hanson warned that the long-term problem will get worse, with a $5.1 billion deficit forecast for 2012-13, and that the economic stimulus is a one-time rescue that does not solve the structural problem.
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