The new forecast from the Minnesota Department of Budget and Management shows an "improved" budget outlook. The 2026-2027 fiscal year balance is now projected at $3.7 billion, $1.3 billion higher than ...

The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...

State government officials released the semiannual budget and economic forecast, rich with underreported developments. Here are two.

Minnesota lawmakers will return to the Capitol in February with a near-term surplus of nearly $2.5 billion, but the latest economic forecast released Thursday sparked more debate about who’s to blame ...

Gov. Bob Ferguson does not anticipate calling lawmakers back to Olympia for a special session to address the state’s budget after an updated revenue forecast showed the state will bring in less money ...

Minnesota’s budget outlook for the coming fiscal year has significantly improved, despite ongoing economic and fiscal uncertainty. According to the February budget forecast ...