State of Minnesota Archives: on Budget & Economy


Mark Dayton: Lift us out of miserable deficit-to-deficit cycle

We have repaired much of the fiscal damage we inherited, but we're not done yet. We face another deficit, projected at $1.1 billion, for the next biennium; and we still owe our schools another $1.1 billion. My budget for the next biennium would lift us out of this miserable deficit-to-deficit cycle. It would eliminate the $1.1 billion deficit, balance the biennial budget, and begin the following biennium with a projected surplus.

Where do we want Minnesota to be in a year, or in a decade? We will not agree on every aspect. However, if we can discover our shared goals, perhaps we will find greater accord on how best to achieve them. We can also better assess whether the path we're now on will lead us to them.

Source: 2013 State of the State speech to Minnesota Legislature Feb 6, 2013

George W. Bush: Too much government spending will end prosperity

Gore offers an old and tired approach. He offers a new federal spending program to nearly every voting bloc. He expands entitlements, without reforms to sustain them. 285 new or expanded programs, and $2 trillion more in new spending. Spending without discipline, spending without priorities, and spending without an end. Al Gore’s massive spending would mean slower growth and higher taxes. And it could mean an end to this nation’s prosperity.
Source: Speech in Minneapolis, Minnesota Nov 1, 2000

Mark Dayton: Don’t “give it all back”; economy will sour someday

Dayton may also be the most liberal of the major DFL Senate candidates. He is the only one who says he’ll push for immediate universal health care, and wants the federal government to pay for 90 percent of special education costs, instead of the current 12 percent. Dayton says he may be running against the tide by arguing for more government spending in an era of “give it all back”, but he says now is the time to invest in education, health care and Social Security.

“If we don’t take advantage of this budget surplus at the federal and state level, which always comes to an end, as economic cycles always do, to improve the quality of public education, to help seniors pay for their prescription medicines; if we don’t do it now, I fear for the future of this country, especially when we fall in more difficult times,” Dayton said.

Source: Laura McCallum, Minnesota Public Radio on-line Aug 1, 2000

  • The above quotations are from State of Minnesota Politicians: Archives.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
2012 Presidential contenders on Budget & Economy:
  Democrats:
Pres.Barack Obama(IL)
V.P.Joe Biden(DE)

Republicans:
Gov.Mitt Romney(MA)
Rep.Paul Ryan(WI)
Third Parties:
Green: Dr.Jill Stein(MA)
Libertarian: Gov.Gary Johnson(NM)
Justice: Mayor Rocky Anderson(UT)
Constitution: Rep.Virgil Goode(VA)
Peace+Freedom: Roseanne Barr(HI)
Reform Party: André Barnett(NY)
AmericansElect: Gov.Buddy Roemer(LA)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Dec 16, 2013