The State of Minnesota is facing a $1.203 billion dollar deficit for the current biennium and $5-6 billion for FY 2012-2013. Early estimates on the 2010 bonding bill are already upwards of $1 billion; this is before the 2010 session has even begun. The State of Minnesota has a serious crisis on our hands, and it must be dealt with in a fiscally responsible manner.
The PRT project is an innovative idea that could potentially work in Winona; however not at the taxpayer’s expense. I heard there are a few private investors interested in moving forward with the project, even if public funding falls through. I would support this endeavor. I am a strong advocate of private sector development/ investment, and I support tax incentives for private funding on any project that encourages investment and creates private jobs in Minnesota.
My stance on federal funding is the same.
I have also asked Senator Sharon Erickson Ropes and GOP candidate Paul Ibisch for their position on the Winona Pod project.