UPDATE: Latest projection shows Minnesota budget deficit of $2.4B

Walz recalled when he gave his State of the State address and mentioned that “dark days are ahead.”

“It’s one of the reasons why Minnesota’s fiscal health was one of the best going into this… and why we’ll be in a strong position to come out of this,” said Walz about the state reserve. He added that this will not be a quick one-time fix, as it will require actions in the future to come. 

The governor said the data in the budget update will help drive decisions in the coming weeks as the session winds down. The decisions need to be made with thoughtfulness, according to Walz. That deficit comes before any use of the

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