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Capitol View®
Tom Scheck

MMB: Tax collections lower than expected

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Minnesota Management and Budget says the state collected $46 million less than expected. This won't have any effect on the state budget since the governor and lawmakers are working off of a March forecast but it's a continuation of gloomy news. The good news is that some forecasters expect the federal stimulus to stop the economy's "steep slide." Read on here:

April 2009 Economic Update