Long Term Solutions For Minnesota’s Economy

Recognizing that tax rebates recently passed by the Senate are a short term solution, Sen. Norm Coleman is looking at ways to improve Minnesota, and the nation’s, economy in the long run. This includes holding the line on taxes, keeping college affordable and getting the cost of health care under control.

Sen. Coleman discussed the some of these solution in today’s Fargo Forum:

While the stimulus is intended to help in the short term, we cannot stop there.

We must also recognize that securing Minnesotans’ economic well-being goes beyond housing or the rise and fall of the stock market. It is about quality-of-life challenges, from high health-care costs to higher gas prices to rising tuition. It is also making sure that we prevent major tax increases from hitting Minnesota families and small businesses – which would take a serious toll on our economy, and will happen in three years if we do nothing.

The strength of our economy directly impacts every Minnesota family, which is why I have worked hard in each of these areas throughout my time in office. We have taken some important initial steps to help stem the tide of the slowing economy, but more work remains. Rest assured I will continue working with colleagues from both sides of the aisle to address the concerns I share with Minnesota’s hardworking families. (Sen. Norm Coleman, "Troubled economy gets help," Fargo Forum, Feb. 19, 2008)

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