State's budget deficit is a big one
Minnesotans along with Gov. Tim Pawlenty got some good news Thursday as the state announced a $399 million surplus for this fiscal year.
This is good news for Minnesotans because there will be no need for any short-term borrowing or budget unallotments in the remainder of 2010. It is good news for Pawlenty as he can claim he ended his administration with a budget surplus.
However, remember the economic picture is not as rosy in 2011.
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