4 Things To Know: State Budget, Joe McKnight's Death, Starbucks CEO & MoreFrom the one year anniversary of the San Bernardino attacks to Minnesota's state budget being announced, here is a look at the top four stories from Dec. 2, 2016.
Reality Check: Minnesota's Budget SurplusMinnesota's huge budget surplus for 2016 has state lawmakers scrambling to figure out what to do with it. A large part of the surplus will go to a budget reserve, and the rest of it will likely go to be a combination of tax cuts and spending.
Dayton, House GOP Reach Tentative Deal On EducationGov. Mark Dayton and majority House Republicans came to a tentative deal Monday on education funding, the largest unresolved piece of the state budget fight that's pushed Minnesota toward a potential government shutdown.
News Click: The State Surplus
Dayton Signs $17M Flood, Disaster Relief BillGov. Mark Dayton has signed a bill to help rebuild Minnesota roads and restore lands hit by flooding last June. Dayton signed the bill Tuesday. The bill provides $17.3 million in state aid, including $11.8 million for flood and disaster relief.
GOP Lawmakers: Dayton's $42B Budget Too BigMinnesota Republicans say Gov. Mark Dayton's proposed $42 billion budget is too large. House Speaker Kurt Daudt declined Tuesday to put a number on how much smaller the state's two-year budget should be.
Leaders Urge Caution On Spending State Budget SurplusTalk of tax cuts has followed word that Minnesota's budget will run up a $1 billion surplus. Top Democrats and Republicans separately raised the prospect Thursday of giving tax breaks with a portion of the surplus. The first dose could come soon in the next session as lawmakers weigh whether to match up Minnesota's deductions and credits more closely with those at the federal level.
Minnesota's Tax Take Misses Projection For Quarter Minnesota's tax collections have again come in short of expectations. A state budget analysis released Friday shows tax revenue was $46 million less than projections from July through September.
GOP Hopefuls Differ On How To Rein In State BudgetOn its current trajectory, Minnesota's next two-year state budget will top the $40 billion mark. The Republicans seeking to defeat Democratic Gov. Mark Dayton say they would slam the brakes on spending if they're put in charge.
News Click: Budget Surplus
With Time Short, Minn. Lawmakers Meet Over WeekendThe Minnesota Legislature is meeting over the weekend as the clock counts down on the regular session. The House and Senate are both convening Saturday.
Dayton, Minn. DFL Leaders Reach Budget Deal Gov. Mark Dayton and the Legislature's top Democrats announced an agreement Sunday to raise taxes on Minnesota's wealthier residents and cigarette sales and to spend the extra money on public schools and colleges, as well as on other areas.