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Deficit

(credit: CBS)

Latest Deficit Will Drive Minn. Capitol Session

New year, new faces, same old challenge in the Minnesota Legislature: a state budget that’s out of whack.

01/03/2013

(credit: CBS)

Latest Deficit Will Drive Minn. Capitol Action

New year, new faces, same old challenge in the Minnesota Legislature: a state budget that’s out of whack.

01/03/2013

(credit: CBS)

Good Question: Would Raising Taxes On Wealthy Put Dent In Nat’l Debt?

As negotiations continue in Washington, D.C. to avoid falling off the so-called “fiscal cliff,” many are left with a simple question: can taxing the rich raise enough money to make a dent in the national debt?

12/03/2012

Mitt Romney and Paul Ryan (Photo by Chip Somodevilla/Getty Images)

Opinion: Romney Tries To Reboot Losing Campaign With Ryan Pick

After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.

08/13/2012

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Minnesota Orchestra Dealing With $3M Deficit

The Minnesota Orchestra is making some changes to deal with the biggest deficit in its history.

12/07/2011

(credit: CBS)

Dem Lawmakers Want To Bring Back Minn. Tax Credit

Two Democratic state lawmakers say the elimination of a homestead tax credit as part of Minnesota’s deficit fix will hurt property tax payers.

09/13/2011

money, cash, 1s, ones, dollar bills, generic

Good Question: What Happens If U.S. Goes Into Default?

When it comes to credit, we all have our limit. And the U.S. government has maxed out its $14.3 trillion debt ceiling. So what happens if the limit isn’t raised? What happens if the United States can’t pay its bills?

07/13/2011

Minnesota State Capitol, St. Paul, st paul, generic, government

Dayton, GOP Lawmakers Take Another Crack At Budget

Gov. Mark Dayton and Republican legislative leaders are meeting for private budget talks after more than a week of public posturing.

06/03/2011

(credit: CBS)

No Budget Deal With Legislature As Last Day Looms

The next-to-last day of Minnesota’s legislative session trickled away Sunday with no evident movement on a budget impasse between Gov. Mark Dayton and Republican legislative leaders.

05/23/2011

Minnesota State Capitol, St. Paul, st paul, generic, government

Budget Talks Pick Up As Time Runs Short

Budget talks are picking up as Democratic Gov. Mark Dayton and top Republican lawmakers try to fix a $5 billion deficit with less than four days left in the legislative session.

05/20/2011

Minnesota State Capitol, St. Paul, st paul, generic, government

Budget Bills Take Center Stage At Minn. Capitol

The Minnesota House of Representatives voted Monday to cut state income and property taxes on businesses while slashing aid to several large cities, fulfilling key Republican priorities and setting the table for a conflict with Democratic Gov. Mark Dayton.

03/28/2011

(credit: CBS)

GOP Leaders: Deficit Fix To Involve Public Workers

Top legislative Republicans say Minnesota can’t solve a $6.2 billion budget shortfall without involving public employees.

02/18/2011

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Minn. Bill Advances Without Cuts To Disaster Aid

Popular programs including college financial aid and flood and tornado relief wouldn’t be at risk of budget cuts before July under a Senate version of a $1 billion deficit-reduction bill that advanced Wednesday.

01/26/2011

Minnesota State Capitol, St. Paul, st paul, generic, government

Minnesota Lawmakers Prepare To Tackle Budget

Minnesota’s deficit for the upcoming budget cycle has grown to $6.2 billion. On the flip side, the state has a $399 million surplus in the current budget year, which ends in June.

12/02/2010

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