Minnesota Legislature: Taxes & Finance

Many states consider tax hikes, spending cuts

Minnesota, with a projected budget deficit of $5 billion over the next two years, is not alone. In fact, more than 30 states face projected budget gaps, thanks to the sagging economy. (02/27/2009)

White Bear Lake residents wrestle with the state budget deficit

Minnesota Public Radio held a forum on the state budget -- and how it affects one community, White Bear Lake. (02/22/2009)

Even with stimulus, schools still making budget cuts

The federal stimulus money for education won't keep schools from making their own local budget cuts in coming weeks. (02/20/2009)

Minn. Dems ask public for ideas to fix $5B deficit

Democrats who control the Minnesota Legislature are taking the state's $5 billion budget shortfall to the people in a series of town hall meetings that begin Thursday in Mankato, Rochester, St. Cloud and Willmar. (02/18/2009)

Minn. panel recommends business tax cuts

A business-oriented tax panel created by Gov. Tim Pawlenty wants to eliminate corporate income taxes while raising the cigarette tax and broadening the sales tax. (02/13/2009)

Minn. officials say stimulus will ease budget pain

With the U.S. House and Senate expected to vote soon on a $789 billion economic stimulus bill, officials at the Minnesota State Capitol are still trying to figure out what it means for them. Lawmakers held a meeting this afternoon to discuss how the money could be spent. (02/12/2009)

Pawlenty warns deficit could hit $7 billion

Gov. Tim Pawlenty is warning that since the economy is not improving, Minnesota's state budget deficit is likely to grow by $1 billion or more. (02/11/2009)

Committee approves bill banning sexual predators from Web sites

A Minnesota House committee approved legislation today that would ban sexual predators from social networking Web sites. (02/10/2009)

Minn. official: Madoff losses could cost state

Minnesota's top economist says Bernard Madoff's alleged $50 billion Ponzi scheme could deepen the state's deficit by $20 million or more. (02/06/2009)

Minn. lawmakers probe, pan Pawlenty's budget plan

Legislators are peeling back the layers of Gov. Tim Pawlenty's budget plan this week, and many DFLers say they don't like what they're seeing. (02/03/2009)

Slot machines, tax exemptions among state revenue suggestions

As the governor and state lawmakers struggle to erase a projected $4.8 billion deficit over the next two years, they're talking about a lot of things including spending cuts and one-time money and accounting shifts. But policy makers aren't saying much about how the state can raise money. It could be tax increases or other steps. (02/03/2009)

Pawlenty's budget would shed state jobs in Minn.

An Associated Press analysis shows that Gov. Tim Pawlenty's budget proposal would cut the equivalent of more than 1,100 full-time state workers within about two years. (01/30/2009)

Pawlenty names point person on federal stimulus

Gov. Pawlenty has appointed the director of Minnesota Management and Budget to oversee Minnesota's portion of the federal stimulus package. (01/30/2009)

Pawlenty tobacco plan raises questions

Tobacco money could be a big piece of the budget puzzle as Minnesota lawmakers try to plug a nearly $5 billion deficit. (01/29/2009)

Business groups like Pawlenty's tax cut plans

Gov. Pawlenty touted his budget plan today to one of the few groups that may be pleased with it -- the business community. As some groups complain about cuts to health care, aid to local government and higher education, the business community is cheering proposed tax cuts. (01/28/2009)

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