Guest Editorial: A whole lot of spin over budget forecast
Oh, the spin.
Within minutes after the Minnesota Office of Management and Budget released the state’s February budget forecast Thursday, the e-mails and accusations were flying.
The forecast showed the state’s projected deficit for 2014-2015 isn’t quite as bad as initially projected. Instead of $1.1 billion, it dropped to $627 million. It also showed a surplus this year of $295 million.
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