Dem-NPL: investments in families more important than ever with uncertain economy

FOR IMMEDIATE RELEASE:
March 13, 2025

BISMARCK, ND – On Thursday, the ND Legislature received a revised revenue forecast for the upcoming biennium. State revenues over the next two years are expected to grow at a slower pace due to lower oil prices and greater uncertainty from President Donald Trump’s trade wars.

Sen. Josh Boschee (D-Fargo) said:
“After mere weeks back in office, Donald Trump’s chaotic policies have thrown the public’s confidence in a strong economy into sudden disarray. Retirement accounts are down, egg prices are up, and middle class families are bearing the brunt. This is why North Dakota should invest in its people and their future. The legislature can lower costs for families by investing in healthcare, affordable housing, and no-cost school meals for all students, as well as expanding property tax relief. The last thing we should do right now is give public tax dollars to private schools instead of investing in our public schools.”

Sen. Kathy Hogan (D-Fargo) said:
“While the revenue forecast is cautious, North Dakotans should be reassured that our state is still in a very healthy financial situation. North Dakota can afford to invest in families and their futures, and that should be our priority when so many of our neighbors are struggling with the high cost of living.”

CONTACT:
Laura Dronen
Communications Director
(701) 566-0616
laura.dronen@demnpl.com