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St. Paul, Minn.

December 5, 2008 12:00 AM

State legislators prepare to battle red ink

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Bad budget news — From left to right: Minnesota Management and Budget Commissioner Tom Hanson, State Economist Tom Stinson and state budget director Jim Schowalter delivered Minnesota's bad news: the state is facing a nearly $5 billion budget deficit, and will likely lose twice as many jobs in the coming year as it has since the recession began a year ago.
MPR Photo/Tim Nelson

Minnesota is facing a projected budget deficit of more than $5 billion over the next two and a half years.

Midmorning talks with two state legislators about the options on the table to balance the budget during the next legislative session.

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