Budget Surplus

MN Surplus Expected To Top $1B, Possible Tax Cuts in '16As a sign that Minnesota's economy continues to improve, lawmakers will find out this week about a state budget surplus that's expected to top $1 billion. Gov. Mark Dayton is ready to resurrect a plan to expand child care tax credits, and working family tax credits.
Democrats Hope To Wedge Road Funding Into Special SessionSome top Minnesota Democrats are ditching a call for a wholesale gasoline tax in an effort to force action on transportation funding this year. Ambitious plans to increase funds for the state's ailing network of roads and bridges were stymied this legislative session by disagreement over how to pay for it.
Long Talks In Private, Silence In Public Feed Budget HopesDiscussions over how to spend $40 billion-plus of Minnesota taxpayer money have reached a sensitive phase where negotiators are keeping mum about the headway they're making. With less than a week to get an on-time budget passed, leading House Republicans and Senate Democrats were expected back at Gov. Mark Dayton's official residence Wednesday for a fresh round of talks.
In Tax Plans, Small Stuff Aims For Big Impact On HealthSome smaller measures in tax plans on the table in Minnesota's budget discussion aim to make a big impact on public health and child safety. They won't get the attention of business property tax breaks or across-the-board income exemptions causing clashes, but the measures stand a decent chance of happening.
Under Construction: Minnesota Leaders Scurry To Build BudgetBreak out the hard hats: the real hammering in Minnesota's construction-zone Capitol is about to start. There's less than three weeks to the May 18 session adjournment deadline. So the pressure is on to nail down a deal on a new state budget and the fate of a nearly $1.9 billion surplus.
Legislators Prepare For Showdown Over TaxesThe stage is set for a tax showdown at the state Capitol. Republicans in the Minnesota House passed a sweeping $2 billion tax relief plan on Wednesday that they say is sharply focused on middle class taxpayers.
Education Spending Bill Passes House, Heads To SenateA highly contentious debate over education issues kept state lawmakers working through the weekend.
Senate OKs Budget Bill With Money For New Office BuildingThe Senate has passed a budget bill that funds state government and starts making payments on a new office building for state senators.
Dayton Pushes Major Spending Programs In SpeechOn Thursday night, Gov. Mark Dayton is slated to deliver his annual State of the State address, the fifth speech of its kind for the two-term Democratic governor.
House Budget Calls For Tax Cuts, Slimming On Human ServicesMinnesota's top Republican leaders proposed Tuesday a budget that includes $2 billion in tax cuts.
Dayton Ups Recommendations For Tax Relief, School SpendingMinnesota Gov. Mark Dayton proposed spending nearly all of the state's $1.9 billion dollar budget surplus on Tuesday. Gov. Dayton outlined a series of new spending programs on children, education and families.
MN GOP Rolls Out Surplus Refund Ad CampaignA new state Republican Party television ad is advocating a full return of Minnesota's $1.87 billion projected surplus to taxpayers, which is more than majority House Republicans have embraced. Party Chairman Keith Downey framed the "give it all back" rallying cry as a starting point.
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