Monthly Archives: February 2011

Dayton uses a balanced approach to balance the budget

This morning, Governor Dayton presented a budget proposal that takes a balanced approach to solving the state’s $6.2 billion deficit through a combination of spending reductions and revenue increases. It seeks to address the needs of Minnesotans struggling in tough … Continue reading

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Building a new state budget with the past in mind

On Tuesday morning, Governor Dayton will release a comprehensive plan for solving the state’s $6.2 billion revenue shortfall for FY 2012-13. (The release will be held at 10:30 a.m. at the Department of Revenue.) We anticipate that the Governor will be proposing … Continue reading

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President Obama’s budget would cut spending, raise revenue to reduce deficits

President Obama’s proposed budget for Fiscal Year 2012 represents a good-faith effort to take a balanced approach to deficit reduction by proposing a mix of significant spending cuts, some increased investments as well as raising revenues by allowing high-income tax cuts to … Continue reading

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Governor Dayton rejects legislature’s all-cuts approach to solving deficit

We applaud Governor Dayton’s decision to veto HF 130, the legislature’s “phase one” budget proposal. The bill represented the first step in what is expected to be an all-cuts approach to solving the deficit. As we’ve pointed out as the bill … Continue reading

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Congress looking at drastic cuts to services

House Speaker John Boehner is proposing to freeze federal non-defense discretionary spending for the rest of fiscal year 2011 at 2008 levels, which would mean a 21 percent cut in discretionary programs compared to the 2010 level adjusted for inflation. … Continue reading

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Conference committee agrees to $900 million in cuts in 30 minutes

Late Monday afternoon, the House and Senate conference committee on HF 130 wrapped up its business in just 30 minutes. HF 130 is the Legislature’s “phase one” budget bill that includes $900 million in cuts to higher education, funding to cities and … Continue reading

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Minnesota Budget Project to hold briefing on Governor’s Budget

The primary task of the 2011 Legislative Session is to pass a two-year state budget that will set funding levels for critical state investments from health care to education to affordable housing to environmental protection…all while tackling a $6.2 billion … Continue reading

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