Dec. 6 - Budget Forecast Projects - $17.6 Billion Budget Surplus

Minnesota Management and Budget (MMB) Commissioner Jim Schowalter, State Economist Dr. Laura Kalambokidis, and State Budget Director Ahna Minge present the proposed 2022 Budget and Economic Forecast.

MMB Commissioner Jim Schowalter presents the 2022 Budget and Economic Forecast that projects a proposed $17.6 billion surplus.

Gov. Tim Walz peeks at his 2022 Budget Forecast binder before talking about the proposed $17.6 billion budget surplus and then taking questions from reporters. Senate Majority Leader Kari Dziedzic, left, and Gov. Walz’s Chief of Staff Chris Schmitter, right, listen to the MMB presentation.

Gov. Tim Walz tells reporters during the MMB release of the 2022 Budget Forecast and the $17.6 billion proposed budget surplus that, “Today’s news is proof that Minnesota’s economy is strong and growing.”

MMB Commissioner Jim Schowalter, left, and legislative leaders to his right, House Majority Whip Athena Hollins, House Majority Leader Jamie Long, and Senate Majority Leader Kari Dziedzic, listen to questions from reporters during the release of the proposed 2022 Budget Forecast.

Gov. Tim Walz responds to reports questions as Lt. Gov. Peggy Flanagan listens during the release of the 2022 Budget Forecast.

Sen. Majority Leader Kari Dziedzic and House Majority Leader Jamie Long react to the release of the 2022 Budget Forecast with a proposed $17.6 billion budget surplus.