02/27/2026
The state surplus that will be in the headlines exists because President Trump's policies have created a stronger national economy, period.
Minnesota continues to spend more than it takes in, and Democrats blew a giant hole in our state budget when they had full control of government that we are still trying to repair. Democrats continue to attempt to take more and more from the hardworking taxpayers of this state, and the only thing that has slowed the bleeding is the work President Trump has done and the fact that House Republicans restored balance at the Capitol.
The next tasks are clear: we must stop the fraud, prosecute the criminals, end the reckless spending, and give the taxpayers of this state some relief.
Minnesota's Office of Management and Budget released its February budget forecast on Friday, showing a $3.7 billion surplus in the current two-year budget cycle. The forecast continued to predict structural imbalances ahead that could easily become significant budget deficits.