Minnesota Misery

Like many states, the North Star State is facing tough times. The state's Department of Management and Budget says spending has been reduced in real...
by | October 19, 2009 AT 3:00 AM

Like many states, the North Star State is facing tough times. The state's Department of Management and Budget says spending has been reduced in real terms by 7.6 percent, or $2.59 billion, in the current budget. But the state is still facing a looming multi-billion dollar deficit.

The Minnesota Free Market Institute offers some strong medicine for dealing with the imbalance, including a rethinking of aid to local governments. Not everyone will agree with their ideas, but it is clear that more changes will likely be needed.