According to @GOPMajorityWhip, Minnesota's recent budget deficit has been attributed to extensive state spending on progressive initiatives, including expanded healthcare coverage for undocumented immigrants, as reported by CBS News Minnesota. For traders, this policy shift signals potential volatility in municipal bond markets and could affect state-funded infrastructure projects and healthcare sector allocations. Monitoring legislative responses and budget reallocations will be critical for assessing risk exposure to Minnesota-linked securities (source: CBS News Minnesota, May 1, 2025; Twitter/@GOPMajorityWhip).