Health & Fitness
Strong fiscal management means strong middle class
By halting a decade of deficits and ending the practice of borrowing and shortchanging our kids' futures, the legislature moved Minnesota forward toward a brighter future.
Minnesota’s fiscal house is on strong footing for the first time in over a decade. That’s great news for middle-class families, businesses and our economy overall.
When my third term began in January of 2013, Minnesota faced a $627 million deficit and nearly $1 billion in debt to our schools. Any family or business owner could tell you those kinds of dire circumstances would make it very difficult to make ends meet. The same is true for our state as a whole.
By halting a decade of deficits and ending the practice of borrowing and shortchanging our kids’ futures, the legislature moved Minnesota forward toward a brighter future. By making some targeted cuts and raising new revenue – largely by closing corporate tax loopholes and asking the wealthiest 2% of Minnesotans to chip in a little more – we eliminated our deficit and invested in education, property tax cuts and job creation.
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Those are priorities that put middle-class families ahead of wealthy special interests and help build a thriving economy right now and into the future.
If you want to learn more about how the legislature restored fiscal stability and the investments we made to build a strong middle class, continue reading or click here to watch my latest video.
Find out what's happening in Burnsvillefor free with the latest updates from Patch.
Where we were:
-Jumping from deficit to deficit
-Borrowing billions from our schools
-Protecting wealthy special interests at the expense of middle-class families
Where we are now:
-Structurally balanced budget in the current biennium and the next
-Investing in our children’s education
-Lowest unemployment rate in seven years
-Over 50,000 jobs created since the 2013-2014 session began
-More economic security for women and their families
Where we need to go:
-Provide quality early childhood education for every 3 and 4 year old
-Make equal pay for equal work for all women a reality
-Address troubling student debt and make college even more affordable
-Build a world-class transportation system that allows people to get to and from their jobs and businesses to transport goods and services
If you have any questions or feedback, please contact me by phone at (651) 296-5387 or by email at rep.will.morgan@house.mn.
