Budget documents show good news/bad news

Minnesota Management and Budget released the budget forecast an hour. The good news is the state's current budget problem is shrinking and the job situation is stabilizing. The bad news is the state's budget problem is even worse in the next two-year budget cycle. State Economist Tom Stinson also predicts that the state's jobs climate won't return to pre-recession levels until 2013.

Here's the long summary, the short summary and the powerpoint.

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