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April 20, 2011

Issue Backgrounder: Public and Private Sector Compensation in Minnesota

In an era of economic distress – high unemployment, perennial state budget deficits, soaring property taxes – it is not only appropriate, but necessary, for state and local government to acknowledge the economic realities facing its taxpayers, and to control spending accordingly. Considering that approximately half of the $2.2 trillion that state and local governments spend annually in the U.S. is for public employee compensation, taking compensation “off the table” is simply not an option.

Click here to view and download Issue Backgrounder: Public and Private Sector Compensation in Minnesota report

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