Minnesota gets $1.2 billion in good news on economic forecast
ST. PAUL -- Minnesota's new budget deficit reportedly will be about $5 billion, down from $6.2 billion.
Still, the state faces a massive deficit that legislators and the governor will debate through the spring.
The $5 billion figure for the next two-year budget was reported before the official announcement later today. The official announcement will include details about why the deficit dropped and what could happen if the economy takes another turn.
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