After Major Tax Cut, Iowa Having Trouble Paying The BillsA major tax cut several years ago on commercial buildings and other properties has sliced hundreds of millions of dollars from the state budget.
Officials Project Nearly $1.9 Billion Budget SurplusMinnesota officials project nearly $1.9 billion state budget surplus through June 2017.
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.
Session 2015: Where Issues Stand With Special Session DoneThe Legislature wrapped up its 2015 work in a flurry, with lawmakers working nearly a month late to finalize a $42 billion budget. Here's a look at some of the state's new laws, some that failed, and what may be on the horizon.
Dayton Proposes Tax Cut In Exchange For More Education MoneyGov. Mark Dayton proposed a tax cut in return for a scaled-back version of his plan for universal preschool for all 4-year-olds.
Daudt Calls Transportation, Tax Plans "Not Likely" For YearAlready gazing ahead to next year, Minnesota House Speaker Kurt Daudt is indicating time has run out on a transportation and tax-cut deal for the 2015 session.
Rep. Joyce Peppin Talks Transportation Plan, Budget PrioritiesState lawmakers will have a lot of ground to cover when they return from Easter break. Along with the first $40 billion budget in Minnesota history, a long term transportation plan is also getting a lot of attention. House Majority Leader Joyce Peppin joined the WCCO Sunday Morning show to talk about what's ahead at the Capitol.
Minnesota House Moves Fast To Approve $20M Tax Cut BillThe Minnesota House has voted unanimously to approve about $20 million in extra tax credits and deductions that people can claim when filing forms this winter and spring.
Reality Check: The Stewart Mills Attack AdsNational Democrats are spending more than a $1 million on television campaign ads taunting Republican congressional candidate Stewart Mills. It's a signal that Democrats take first-time candidate Mills seriously in northern Minnesota's Eighth District race against incumbent Congressman Rick Nolan.
Dayton Has Until May 30 To Decide On Last BillsGov. Mark Dayton is on the clock. He has until May 30 to dispense with the remaining bills lawmakers sent him upon adjourning their legislative session.
Adjournment Fever Hits Legislature, Pace QuickensLast-minute deals are coming together at Minnesota's Capitol, which means final votes are closing in on $1 billion in construction authorization, a budget bill and tax cuts. The pace quickened Thursday as lawmakers faced a weekend deadline to complete their session.
Minn. Lawmakers In Rare Agreement On 2nd Round Of Tax CutsThere was something a little different going on at the State Capitol Tuesday: A major bill that everyone appears to agree on. It means a second round of tax cuts could be heading your way. State lawmakers already passed income tax relief on the way to hundreds of thousands of middle income Minnesotans. Now, homeowners and renters are getting a break.