SC Minnesota News

The coronavirus outbreak has the world’s economy at its mercy and Minnesota residents and families are staring reality in the face regarding the repercussions that will be caused by the outbreak. 

Not only will it alter their daily lives but their financial plans as well, according to Action 4 Liberty.

Employers are planning to send their workers on extended leave in the state. Classes at the University of Minnesota have been suspended until April. Many school districts are considering closing down, which will force parents to leave work to take care of their children. Also, no fans will be allowed in major sporting venues.

Despite the financial dangers brought by the coronavirus outbreak, the Minnesota legislatures at the State Capitol have a $4 billion budget reserve.

As Republicans and Democrats urge the authority to keep the money reserved, the people of Minnesota think now is the best time to receive refunds. They are skeptical of incurring expenses at the time when the economy is affected by the worldwide outbreak.

Questions have been raised regarding the hesitation by the Republican Majority Leader Sen. Paul Gazelka to give back the money. In his statement, the senator has asked only $1 billion to be refunded to the taxpayers, while the remaining $2.4 billion be left in the reserve account for future use.

Minnesota families have asked the lawmakers to distribute the budget surplus to help ease financial tension that would arise from the coronavirus outbreak. They have supported the Give It Back Act that was introduced by Rep. Jeremy Munson.