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Recently on our blog…- Constitutional budget amendments kept on the sidelines May 17, 2012 Nan Madden
- Tax debate ends with one bill signed, one pocket veto May 14, 2012 Nan Madden
- A few pieces from vetoed tax bill find a home in House File 2690 May 9, 2012 Nan Madden
- Scaled-back tax bill still raises unanswered questions about the future May 9, 2012 Nan Madden
- Tax cuts are a risky way to try to stimulate state’s economy May 4, 2012 Nan Madden
Monthly Archives: December 2010
Unemployment Insurance makes up only a small piece of federal legislation
Now that Congress has passed the “framework agreement” on extending tax cuts and unemployment benefits, it’s a good time to understand the relative size of the various components of that package. The Center on Budget and Policy Priorities has released … Continue reading
Posted in Federal Budget
Tagged child tax credit, earned income tax credit, estate tax, unemployment insurance
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Weatherization spending primes economic pump, cuts family expenses
A fierce, cold winter wind has been blowing into Minnesota, but here is the good news. Expanded weatherization assistance in the state has created a triple benefit – boosting state economic activity, reducing pollution and lowering energy bills for low- … Continue reading
Posted in Economy, Environment, Federal Budget
Tagged hiring equity, recovery act, stimulus, weatherization
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Compromise would extend Unemployment Insurance, improvements to tax credits for working families
The Obama administration and Congressional Republican leaders have announced a “framework agreement” for a compromise that includes good news for low- and moderate-income working families and some bad news in the struggle for fair and responsible tax policies. First, the good … Continue reading
Posted in Federal Budget, Taxes
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Lame duck Congress facing key decisions on tax policies, unemployment insurance
The “lame duck” Congress is preparing to vote on whether or not to extend some or all of the expiring 2001 and 2003 tax cuts. Sharp divisions in both the House and Senate, however, have made the outcome of these … Continue reading
Posted in Federal Budget, Taxes
Tagged child tax credit, earned income tax credit, Federal Tax Cuts, unemployment insurance
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November Forecast is out: Time to pull out the bifocals
OK, now we know the numbers. But as we consider the figures that were thrown out at today’s release of the November Forecast, let’s not lose sight of the fact that we aren’t just fixing a budget, we are responding … Continue reading
Posted in Budget Process, Economy, General Information
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Economic forecast numbers out tomorrow: Expect worsening revenue picture
Minnesota budget officials will release the state’s November Economic Forecast tomorrow, laying out the size of the new budget deficit and setting the starting point for budget talks. The Forecast is expected to show a worsening revenue shortfall and new … Continue reading
