Minnesota Budget Bites

Thanks in part to improvements policymakers made to the federal Child Tax Credit (CTC), recent U.S. Census data show that from 2019 to 2021, child poverty fell a remarkable 59 percent. Minnesota policymakers should build on that success and create a state Child Tax Credit.

If Congress makes the right choices, recovery legislation could lead to historic reductions in economic and racial inequality in Minnesota and across the country.

If black family wealth continues to grow at the same pace as the past three decades, it will take more than 200 years...