The state's projected budget deficit for fiscal 2010-11 is $4.57 billion, a figure that would be higher if not tempered by a $1.3 billion infusion of federal cash.The bad news:
little seems to slow the global economic crisis that has Minnesota in its grip and is projected to cost it another 70,000 jobs in the coming year. Before it's over, Minnesota's job losses could reach 120,000 -- equal to three years' worth of typical job growth -- according to the state's national forecaster, Global Insight Inc.We continue to await decisions that will affect us and hope for the best.
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