Minnesota Budget Bites

Governor Tim Walz reached an agreement with House Speaker Melissa Hortman and Senate Majority Leader Erin Murphy on budget targets on March 22. The agreement outlines targets of $478 million in net general budget changes, including increased spending or reduced revenues, for FY 2024-25 and $63 million for FY 2026-27. The joint budget targets also set the parameters for final budget negotiations between the House, Senate, and the governor.

This year, policymakers are considering transformational changes and long-overdue investments to make Minnesota a state...

In the debate about whether Minnesota should change its tax treatment of Social Security benefits, we’ve sought to draw...

One of the highlights of last year’s tax discussion is moving forward again this session: a game-changing proposal to...