Attack Wasteful Government Spending
Thank you for following along with my Knecht-Four Point Plan to Cut Living Costs. The fourth and final point in my plan is to attack wasteful government spending.
At its most basic level, inflation occurs when too much money chases too few goods and services. As we know, we currently have too few goods and services because of supply chain issues and a decline in the workforce participation rate.
We shouldn’t add fuel to the fire with wasteful government spending. However, that is exactly what the House DFL and my opponent, Rep. Kotyza-Witthuhn, proposed to do by spending over $7 billion of the state’s $9.3 billion surplus, resulting in a 14% increase in state spending over a 15-month period.
Recent examples reflect the level of wasteful spending endemic here in Minnesota. The Feeding our Future scandal that cost taxpayers $250 million is the largest pandemic fraud in America and the largest fraud in Minnesota history. The Southwest Light Rail Project has cost over a billion dollars more than originally planned and still has $500 million in unfunded obligations.
Enough is enough. Our elected officials must demonstrate fiscal discipline – just like Eden Prairie families do every single day. There is plenty the state can do to increase oversight and accountability to cut back on wasteful government spending:
Review, repeal, and retire outdated programs that no longer serve the public interest and cost taxpayers money. Lawmakers should analyze government programs and agency spending proposals to cut programs that aren’t delivering the promised results.
Reduce the influence of special interests to prevent regulatory capture and misallocation of government resources.
Remove regulations and programs that benefit entrenched interests at the expense of entrepreneurs, small businesses, and Minnesotans.
Investigate and prosecute nonprofit fraud.
By cutting wasteful spending at all levels of government, we can fully fund government services and make any needed investments in areas like transportation, education, and healthcare. We will prioritize government spending and make improvements in the budgeting process that will result in lasting savings and deliver more effective government for Minnesota taxpayers.