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Tag Archives: State budget

Minnesota’s budget showdown could threaten the state’s credit rating

Minnesota has traditionally enjoyed high marks from the three primary credit rating agencies - Moody's Investors Service, Standard & Poor's and Fitch Ratings. Starting in 1997, all three firms gave the state their highest Aaa rating. But in 2003 Moody's downgraded Minnesota's bond rating to Aa1, citing concerns about balancing the state's books through volatile, short-term fixes. The assessments of the three firms have remained fixed ever since.

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Marty: Who’s minding the store?

Over the years, many items in the state budget have been scrutinized with a fine-tooth comb. Even relatively small expenditures and contracts are reviewed to see if there is a way to save money or perform the task more efficiently. Sometimes, however, there are big-ticket items that get nowhere near the scrutiny they deserve.

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What Gov. Dayton wants for Christmas

At this time of the year many of us are pondering what gifts may be waiting under the tree come Christmas morning. But in Gov.-elect Mark Dayton's case, he's probably thinking more about what gifts he would like to receive from legislators in the upcoming session.

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