Minnesota’s February economic forecast will be released next Tuesday, March 2. Rumors have been thick that it will report a slightly less dire deficit than that reported in November.
The November forecast predicted a $1.2 billion deficit for the rest of the FY2010-11 biennium. Lawmakers and others are hopeful the new forecast will show a deficit of $1 billion, or about $200 million less.
Aging Services of Minnesota will provide more information as it becomes available.
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