This month’s dramatic court verdicts in the Feeding Our Future {FOF} case (“guilty on all counts”) doesn’t mark the end of the saga. In Churchillian terms, it’s more like “the end of the beginning.” The action continues in other courtrooms, federal and state,...
Minnesota’s Economic News — W/E 3/28/25
State and local taxes and spending Star Tribune: Gov. Tim Walz proposes additional spending cuts in revised budget plan KAAL TV: Governor Walz releases revised Minnesota budget Grand Rapids Herald Review: House hears HF4, A constitutional amendment to return...
‘Historic action’ on critical minerals may reduce reliance on China
During President Trump’s joint address to Congress, he promised “historic action to dramatically expand production of critical minerals and rare earths here in the U.S.A.” Prioritizing domestic critical minerals exploration and development is good news for...
Tim Walz shadow government
Minnesota Gov. Tim Walz continued his national “town hall” tour yesterday in Houston, TX. Local affiliate Fox 26 reported beforehand: Minnesota Gov. Tim Walz and former Texas congressman Beto O’Rourke will hold a town hall in Fort Bend County on Thursday night....
DFLers push second highest top rate of income and top rate of business tax in America
The DFL deficit In February 2023, Minnesota Management & Budget (MMB) forecast a state government budget surplus of $17 billion for the 2024-2025 biennium. In that “historic” session, the DFL trifecta blew through that surplus and, between 2019 and 2024,...
No taxpayer’s money for Xcel Energy Center
On Tuesday, St. Paul Mayor Melvin Carter and Minnesota Wild owner Craig Leopold addressed the Senate Capital Investment Committee, seeking state funding for renovations to the Xcel Energy Center. The project is estimated to cost over three-quarters of a billion...
The money well runs dry
Suddenly, the “wrong” people are doing the “right” thing. The full quote from Nobel-prize-winning economist Milton Friedman goes as follows, I do not believe that the solution to our problem is simply to elect the right people. The...
EPA’s house cleaning scraps unworkable GHG emissions standards
This month, the Environmental Protection Agency (EPA) did some spring cleaning and took steps toward 31 significant deregulatory actions. Utilities and American electricity consumers will benefit from averted blackouts and billions of dollars of savings because...
Tanking commercial property values in downtown Minneapolis push up residential property taxes
We at Center of the American Experiment have long warned of looming budget squeezes in Minneapolis and St. Paul as a result of collapsing commercial property values. Simply put, declining values mean declining property tax valuations which mean declining...
Minnesota Power for sale
Starting April 1, the Minnesota Public Utilities Commission (MPUC) will hold a three-day series of hearings in St. Paul on the proposed acquisition of the electric utility Minnesota Power (MP). Then, the MPUC will take their show on the road, visiting Cloquet,...