Legislative Update 12-7-2009
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| DECEMBER 7, 2009 | | | | Minnesota November Budget Forecast | The November Economic Forecast was released last week by the Minnesota Management and Budget Office (MMB). According to the MMB report, Minnesota faces a $1.2 billion shortfall for the 2010-2011 budget cycle and an estimated $5.4 billion shortfall for the 2012-2013 budget. Approximately 70% of the deficit stems from a reduction in income tax receipts, which is mostly due to a larger than anticipated decline in wages. >>More | | Gubernatorial Races Begin to Shape Up | With a little less than a year before the 2010 elections, the race for Governor continues to shift as candidates drop out and others consider jumping in. The latest Rasmussen Reports poll showed something surprising: that half of Minnesota Republicans still prefer former Senator Norm Coleman even though he has not decided whether he will run for Governor. State Representative and former House Minority Leader Marty Seifert, Rep. Tom Emmer, and Rep. Laura Brod, who has also not officially joined the race, were the other choices available. Seifert received 11%, Brod received 5% and Emmer garnered just 1% of the vote. A number of the other Republicans running for Governor, including former State Auditor Pat Anderson and State Senator David Hann, were not included in the poll. Approximately 25% responded that they had no clear favorite, a signal that many in the party are still waiting for a more viable candidate to enter the race. >>More | | Minnesota's Congressional Races Begin to Get Crowded | As 2009 draws to a close, a number of individuals have announced their candidacy for one of Minnesota's eight seats in the U.S. House of Representatives. >>More | | | These are the personal observations of the Leonard, Street and Deinard Government Relations Team and do not reflect the opinions or beliefs of the firm itself. | |
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