Minnesota Budget Bites

  • Minnesota Taxes
  • Federal Issues
  • Federal Taxes
  • Minnesota Taxes and Tax Plans
  • Minnesota Tax Credits
  • Poverty
  • Racial Equity

Child poverty declines sharply thanks to federal Child Tax Credit expansion

Winter mom boy in snow AdobeStock
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.
  • Minnesota Budget Outlook and Trends
  • Minnesota Budget

Another historic surplus yields opportunity for transformational investments

Small child writing sm
The State of Minnesota is projected to have dramatically more resources than previously expected, according to the November 2022 Budget and Economic Forecast released last week. These resources present an historic opportunity to make transformational changes to build a more equitable recovery in which all Minnesotans are healthy, safe, and economically secure.
  • Income and Work
  • Poverty
  • Education

Minnesota college students increasingly facing basic economic, mental health challenges

Minnesota should prioritize funding basic needs programs and mental health services so that every college student can succeed regardless of their income or where they live.
  • Income and Work

Today’s high inflation highlights longer-term trend of wages not keeping up with cost of living

Into a third year of a global pandemic, many workers are struggling amidst steep inflation, and not all workers have benefitted from an improving labor market, particularly Black, Indigenous, and People of Color (BIPOC) workers.