What to do with $2 billion?
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Gov. Tim Pawlenty says he'll propose some kind of rebate. Actually, he has to propose one by law because the state is projected to have about $1 billion left unspent when the fiscal year ends on June 30. But that doesn't guarantee the rebate check will be coming your way. The Legislature doesn't have to approve the governor's proposal. Both the governor and DFL legislative leaders say some kind of property tax relief is needed.
Already the interest groups are lined up spend the money on things like early childhood education, aid to cities and college tuition breaks. Others say they state should cut taxes. And state finance officials said over and over again yesterday that the politicians should be careful not to get the state back into red ink, especially with the housing market showing a drastic slowdown.
What do you think should be done with the money? Spend it? Send it back? Save it?
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