ST. PAUL, Minn. — Governor Tim Walz greeted new state revenue projections as a sign of a strong Minnesota financial position, but he was less than bullish. The impact of President Trump’s “tumultuous campaign of retribution” is a great unknown, he said. The new quarterly projection is a $1.3 bullion surplus the coming fiscal year. “Yet,” Walz said, the implications of federal actions cannot be underestimated: Minnesota continues to weather economic blows from Operation Metro Surge and faces unprecedented threats to the federal funding we rely on, including potentially devastating cuts to Medicaid.”
