Dayton to release updated budget plan tomorrow
Posted at 12:05 PM on September 20, 2010
by Tom Scheck
Filed under: Campaign 2010, Campaign 2010: Minnesota Governor
Democrat Mark Dayton's campaign spokeswoman says the campaign will release an updated budget plan tomorrow morning. The campaign has been crunching the numbers after the MN Department of Revenue released an analysis that Dayton's proposed income tax hike on Minnesota's top earners wouldn't generate the money he predicted.
Republican Tom Emmer released a budget plan that relies on spending cuts to erase a $5.8 billion budget deficit. Emmer is also advocating for business tax cuts. Emmer has released a list of targets but hasn't specified which programs he would cut.
The Independence Party's Tom Horner says he would reduce the state's sales tax rate by a percent but would expand the sales tax to clothing and unspecified services. Horner is also calling for billions of dollars in spending cuts.
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