If Congress does not end the battle over the so-called “fiscal cliff,” Minnesotans could pay thousands of dollars in higher taxes by January. That’s according to a new Tax Foundation study, coming just six weeks before the budget must be fixed – or else.
Gov. Mark Dayton and Republican leaders are hoping to finish work by midnight on a budget deal to end Minnesota’s 15-day government shutdown. It’s an agreement no one seems to like, including Dayton.
Leading congressional Republicans renewed their vehement opposition to tax increases Wednesday, as President Barack Obama prepared to put forth his new prescription to combat slow growth and national indebtedness.
Gov. Mark Dayton appealed to Minnesota’s richest citizens Tuesday to spare the poor and bear the brunt of a $6.2 billion budget deficit.