Banaian: Governor Dayton’s Budget Proposal “Not Balanced”
ST. PAUL — At least one local Republican lawmaker says Governor Dayton’s budget balancing proposal includes too much spending, and not enough cutting.
Dayton’s plan calls for $2.28 billion in tax increases for the top earners, and only about $1 billion cuts. The rest of the shortfall would be made-up by delaying payments to school districts.
State Representative King Banaian of St. Cloud says the state’s budget for the next two-year cycle is $37 billion — that’s the biggest budget the state has ever had.
The reason the state has a projected $6.2 billion deficit is because the budget is growing faster than inflation and the economy.