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Recently on our blog…- Our Priorities for Minnesota January 24, 2012 Barb Brady
- Surplus offers hope for Minnesota schools and communities December 1, 2011 Christina Wessel
- Support the Minnesota Budget Project on Give to the Max Day November 16, 2011 Nan Madden
- Tax changes for online hotel booking create level playing field November 3, 2011 Scott Russell
- Metro area unemployment hits communities of color hardest, puts state’s long-term growth at risk October 27, 2011 Scott Russell
Monthly Archives: March 2011
House and Senate jobs bills cut more, transfer more, than Governor’s plan
The House and Senate budget proposals for economic development, workforce development and housing cut funding far below the Governor’s recommendations. The House proposal (House File 1049) contributes $87 million toward solving the deficit and the Senate bill (Senate File 887) contributes $65 million towards solving … Continue reading
Posted in Budget Proposals
Tagged cost shifts, economic devleopment, housing, jobs, one-time savings, unemployment insurance
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Senate tax bill cuts funding for cities and counties, renter property tax refunds
Last Friday, the Senate tax committee finished up their work on their omnibus tax bill (Senate File 27), with a goal of contributing $580 million to solving the state’s budget deficit. As we saw in the House omnibus tax bill, the … Continue reading
Posted in Budget Proposals, Taxes
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House and Senate bills book savings, but require Dayton administration to back them up
The legislature has set about to solve the state’s $5.0 billion deficit through an all-cuts approach. In order to meet this challenging goal, the House and Senate budgets include some significant reform efforts that are expected to save the state hundreds … Continue reading
Posted in Budget Process
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Call today for a balanced approach to the state’s budget shortfall
The State Capitol saw a flurry of activity last week as House and Senate budget committees worked to finish omnibus finance bills. The cuts-only approach emerging from the legislature has dangerous implications in both the short term and long term. In … Continue reading
Posted in Action Opportunity, Budget Proposals
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House health and human services bill is a vision, not a final product
On Tuesday, the House presented the health and human services omnibus budget bill, which cuts nearly $1.7 billion in general fund dollars from base spending in FY 2012-13. While presenting the bill, Representative Jim Abeler, chair of the committee, warned … Continue reading
Posted in Budget Proposals, Health Care
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Senate health and human services omnibus bill will impact tens of thousands
Wednesday morning, the Senate health and human services committee released its omnibus bill which cuts $1.6 billion from general fund base spending for the FY 2012-13 biennium. The bill also makes $268 million in cuts to the Health Care Access … Continue reading
Posted in Budget Proposals, Health Care
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Minnesota seeing a shift away from state income taxes and towards local property taxes
The state’s most affluent residents pay a smaller share of their incomes in state and local taxes than the average Minnesotan, according to the 2011 Minnesota Tax Incidence Study released today by the Minnesota Department of Revenue. This comes as … Continue reading
Local services, renters’ tax refunds are cut deeply by House plan to cut taxes and balance budget
Expect a busy week at the Capitol as the legislature’s tax and budget bills start coming together. The first out of the chute is the House tax proposal, with deep cuts in aids to cities and counties and property tax refunds for … Continue reading
Posted in Budget Proposals, Taxes
Tagged county aid, LGA, market value credit, renters credit
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House and Senate lay out an all cuts strategy for balancing the budget
On Thursday, the House and Senate released their budget “targets” for resolving the state’s $5.0 billion budget deficit for FY 2012-13. The targets set the amount each finance committee must cut (or increase) within their area of the budget. The House, Senate and … Continue reading
Posted in Budget Process, Budget Proposals
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Federal spending cuts would mean lower economic growth and less job creation
Moody’s Analytics chief economist Mark Zandi is out with new analysis warning that a House Republican proposal to cut approximately $61 billion in federal spending this year below current levels would create drag on an economy struggling to recover. Warning against cutting … Continue reading
Posted in Federal Budget
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