SAINT PAUL, MN – Representative Sondra Erickson (R-Princeton) said she is taking a hard look at Gov. Mark Dayton's proposed budget for 2014-2015 because she is not convinced that more spending based on high tax increases will grow the economy.
“This budget is the wrong approach for helping to boost Minnesota’s economy," Erickson said, noting that Governor Dayton’s budget represents the largest tax hike in state history and fails to implement any meaningful spending reductions. "Reducing and broadening the sale tax base is not the fundamental tax code reform Governor Dayton has spoken about in the past,” she said, pointing out that it is simply a thinly-veiled way to raise additional revenue for government spending without any corresponding reforms.
“Minnesota’s economy is only growing at a rate of 2-3% per year. The Governor’s proposal increases spending by an astonishing 7.6%," Erickson said. "This is an utterly unsustainable trend and calls into question the seriousness of the Governor’s rhetoric about a 'responsible' budget solution. We can’t afford these reckless spending increases if we want to get Minnesota’s budget under control. The path to economic prosperity in our state comes from growing the private sector – not through an exorbitant increase in government spending.”