Thursday, May 1, 2008

Governor Waits For Counter-Offer

Back and forth bargaining to balance the state budget is back in legislator's hands. Governor Pawlenty altered his previous offer and sent it on to the Minnesota House. Majority Leader Tony Sertich said he and his team will take a look and make adjustments. Sertich said ultimately the best way to proceed would be for all involved parties to be in the same room. The Governor said closed-door meetings to reduce the budget by $935-Million may happen this weekend. A bit of good economic news came from the Department of Finance on Wednesday. Tax revenue is up by 4.5% compared to last year.

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