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Response to Minnesota Budget Forecast

by staff |
March 4, 2009
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St. Paul, MN - Leaders of the Minnesota Coalition for a People’s Bailout responded to the state budget forecast, March 3. The forecast anticipates a $4 billion deficit, despite the billions that will flow in from the federal stimulus.

States Deb Konechne, of the MN Coalition for a Peoples Bailout and the Welfare Rights Committee: “We stand against any attempt to balance the budget on the backs of poor and working people and we know there is a solution to the state budget crisis - politicians can tax the rich. We urge lawmakers to pass the People’s Bailout bill that protects working class Minnesotans against some of the worst effects of the economic crisis.”

The Coalition is pressing for legislation that would provide income and jobs to the unemployed, a moratorium on home foreclosures and measures to prevent layoffs for public employees. Authored by Senator David J. Tomassoni (D-Chisholm), and Representative David Bly (D-Northfield) the Minnesota People’s Bailout Act is a legislative attempt to protect the interests of low-income and working Minnesotans from the impact of the deepening economic crisis in Minnesota and the nation.

Phyllis Walker, a Coalition leader and President of AFSCME Local 3800 says, “Workers should not, and can not afford to pay for this crisis. Politicians need to act now against layoffs and pass the People’s Bailout bill.”

Mick Kelly, of the Minnesota Coalition for a People’s Bailout Coalition states, “The forecast indicates more hard times for employed and unemployed Minnesota workers. Many of us are losing our homes or facing evictions. Politicians should back the people’s bailout bill which places a mortitorum on home foreclosures.”