The sun shines on the Minnesota State Capitol on Feb. 12, 2024, in St. Paul. Minnesota's budget outlook has improved, officials said on Thursday, with a slightly bigger surplus forecast for the current budget that will give the Legislature a little more breathing room this session. (AP Photo/Steve Karnowski)
The budget office is also forecasting a smaller potential deficit for the next two-year budget, which begins in July 2025.
Spending is still projected to exceed revenue, but only by $1.5 billion instead of the $2.3 billion previously forecast.
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https://www.foxnews.com/politics/minnesotas-budget-surplus-soars-3-7-billion-providing-legislative-breathing-room