« Power outage in Minneapolis | Main | McCain the republican nominee »

Minnesota Senate passes bill

The Minnesota Senate passed a $1 billion support state borrowing bill today, for the use of construction on public colleges, prisons, and flood zones, said MPR .

It was passed overwhelmingly with a 51-7 vote. The House will vote by the end of the for its own version of the bill, which entails about the same amount of money. MPR

Sen. Keith Langseth, DFL-Glyndon, chairman of the Capital Investment Committee, said the bill is good for helping out the failing economy. Star Tribune

"It helps to turn around the economy to have these people working," Langseth said. "It's the best time to be selling these bonds and constructing these projects. Doing it during booming times means the price is going to be considerable higher." Star Tribune

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)