President Biden's remarks on inflation and economic policies

President Biden addresses concerns about stubborn inflation affecting his re-election bid, stating that inflation has been significantly reduced but remains above the 2% target. He emphasizes the impact of small expenses on people's lives and discusses measures like raising taxes on the wealthy to address economic issues.

Minnesota Budget Outlook

Minnesota's budget outlook has improved with a bigger surplus forecast for the current budget, giving the Legislature more breathing room. Corporate tax revenues are up, and a smaller potential deficit is projected for the next two-year budget.