Minn. lawmakers back economic development cuts
ST. PAUL -- Minnesota economic development takes a $21 million hit in a year when the economy itself is taking its biggest hit in 50 years.
The Senate voted to cut economic development funding 38-28 Monday night. The House is expected to follow suit today.
A House-Senate compromise funding proposal cuts state economic development funds from $284 million being spent in the current budget to $263 million in the two-year budget starting July 1.
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