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TAG | 2015 GOP budget gap

May/15

11

Minnesota Deserves a Fair and Balanced Budget: Economic Development

Posted by SD48 DFL Communications Team in Gov. Mark Dayton, Issues, News

Minnesota needs a fair and balanced budget 

This is the last full week of the regular 2015 Legislative Session. While Gov. Mark Dayton and DFL legislators are working to build a better Minnesota for all Minnesotans with the state’s $2 billion budget surplus, House GOP want $4 billion in permanent tax giveaways for corporations and special interests, to kick 90,000 working families off health care, to cut job creation programs, and shortchange our children’s futures.

Economic development – $41.5 million gap

Gov. Dayton’s budget would continue investments in the successful Job Creation Fund and Minnesota Investment Fund. It would make additional investments in broadband infrastructure, and help unemployed and under-employed workers gain the skills they need to find good jobs and succeed in the workplace. 

By contrast, the House GOP proposal would:

  • Cut the Minnesota Job Creation fund by $5 million, which would impede job growth and limit Minnesota’s ability to compete with other states for business expansions
  • Cut the Minnesota Investment Fund by $7 million, which would impede job growth and limit Minnesota’s ability to compete with other states for business expansions
  • Give just $8 million ($22 million less than the Governor) for the Broadband Infrastructure Grant Program – significantly limiting the investments the state can make in expanding access to high speed internet connections in Greater Minnesota
  • Give no funding for the Pathways to Prosperity workforce training initiative to serve individuals with barriers to employment 

 

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