Please ensure Javascript is enabled for purposes of website accessibility
Recent News
Home / Budget / Taxes (page 38) /

Budget / Taxes

Onset of state shutdown fails to spur negotiations forward

Republican leaders seemed to come out of the negotiating room after the holiday weekend with a renewed sense of vigor. Senate Majority Leader Amy Koch and House Speaker Kurt Zellers addressed reporters after an hourlong budget meeting on Tuesday — the first since talks collapsed and government went into shutdown mode — and repeated their caucuses’ “no new taxes” declaration.

Read More »

MN credit rating downgraded by Fitch

One of the three big New York bond houses today downgraded Minnesota's credit rating. The decision, which is being blamed on years of failure to solve the state's structural budget problems, will lead to higher borrowing costs, state officials say.

Read More »

One-time money dominated pre-shutdown negotiations

When the “cone of silence” that surrounded the final week of pre-shutdown budget negotiations shattered last Friday, it did so with a vengeance. First the office of Gov. Mark Dayton released a series of letters and offer sheets exchanged by the administration and the Republican legislative leadership; by Friday afternoon, GOP leaders were meeting with reporters to offer their own account of the closely guarded talks.

Read More »

Budget negotiations show no outward sign of progress

Nearly six months after DFL Gov. Mark Dayton and the Republican-controlled 87th Minnesota Legislature were sworn into office and set to work concocting the 2012-13 biennial budget, the state has crept inexorably toward a government shutdown whose scale and consequences remained unclear in important respects even after a Wednesday order from Ramsey County District Court Judge Kathleen Gearin.

Read More »