House Republican leadership revealed their chamber's budget targets Thursday, promising tax cuts to low and middle income Minnesotans while heavily cutting spending in health and human services, aid to cities and counties and higher education.
Senate Republican leadership released budget spending targets Thursday, saying they will keep their promise not to raise taxes and reducing the most in the areas of health and human services, tax aids and credits and state government and veterans spending in an effort to solve a $5 billion budget deficit.
Rep. Greg Davids, chair of the Taxes Committee, is upset about a delay in the release of the 2011 tax incidence study by the Minnesota Department of Revenue. In a letter sent Monday to assistant Revenue commissioner Matt Massman, Davids criticizes the agency for failing to meet the March 1 deadline for the biennial report.
The February forecast showed some hints of sunshine for Minnesota's budget troubles. The state's projected deficit for the next two-year budget cycle fell to $5 billion, a dip of nearly $1.2 billion from the previous estimate.
GOP Senate Majority Leader Amy Koch is asking the Minnesota Government Relations Council (MGRC) to investigate Coalition of Greater Minnesota Cities lobbyist J.D. Burton, saying he asked Redwood Falls city officials to "falsify information to members of the Legislature."
Gov. Mark Dayton is following through on his campaign promise to tax the rich. On Tuesday morning, Dayton proposed solving the state's $6.2 billion budget deficit by raising taxes on the state's richest five percent of residents by $4.1 billion.
Gov. Mark Dayton issued the first veto of his tenure Thursday, sending back Republican's first attempt at balancing the state's $6.2 billion budget deficit.
Public finance veteran Margaret Kelly will become the Minnesota Management and Budget Department's (MMB) new budget director. She replaces Kristin Dybdal, a seven-year veteran of the agency, who is going to do independent health-care consulting.
After several hours of debate and failed amendment attempts from Democrats on Thursday, the GOP-proposed bill passed off the floor with a 37-27 party-line vote. The bill makes about $1 billion worth of cuts by making permanent reductions to local government aid, higher education and health care made at the end of the 2010 session.
After more than one hour of debate, the state House passed Republican's $1 billion budget-cutting bill as they attempt to take a bite out of a historict $6.2 billion deficit.
There's been a lot of talk around the Capitol this week about the $200 million in unobligated cash Republican leadership asked the Minnesota Managment and Budget (MMB) Office to cut from state government as part of their $1 billion budget-cutting bill. Numbers from MMB show the state has $194 million total in unobligated dollars.
Gov. Mark Dayton poured cold water on a Republican proposal announced today to trim roughly $1 billion from the state's projected $6.2 billion budget deficit.
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