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02/02/24
2023 Child Care Budget Paves the Way for a Brighter Future Full Story
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05/12/23
A Minnesota Child Tax Credit would fight child poverty Full Story
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02/22/24
Spread the word Share resources about the new Child Tax Credit Full Story

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01/25/24

Proposed federal Child Tax Credit expansion would boost the incomes of millions of families

Congress is considering passing an important expansion of the federal Child Tax Credit that would benefit about 16 million children in low-income families across the US. But it's not a sure thing yet. We've included a link in the blog to email your representatives today, urging them to pass an expanded CTC and reduce poverty among the nation's children.

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04/17/24

Powerful stories show child care is unaffordable for many; Great Start Scholarships are a solution

This legislative session, families, lawmakers, advocates, and more have drawn attention to child care affordability as an urgent problem that requires solutions. Earlier this session, a hearing was held at the Minnesota House of Representatives where a number of testifiers spoke to the struggles with affordability they face. Parents and providers alike are looking for policy solutions; here are a few of their stories.
04/16/24

Latest economic report shows Minnesota revenues coming in above forecast

Minnesota’s revenues are up, and the near-term national economic outlook is slightly improved compared to the February forecast, according to the new April Revenue and Economic Update from Minnesota Management and Budget. Here are some of the Minnesota Budget Project's top takeaways from the update, including what this might mean for budget and tax decisions this legislative session.
04/03/24

Joint state budget targets set for 2024 Legislative Session

Governor Tim Walz reached an agreement with House Speaker Melissa Hortman and Senate Majority Leader Erin Murphy on budget targets on March 22. The agreement outlines targets of $478 million in net general budget changes, including increased spending or reduced revenues, for FY 2024-25 and $63 million for FY 2026-27. The joint budget targets also set the parameters for final budget negotiations between the House, Senate, and the governor.
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About the Minnesota Budget Project

The Minnesota Budget Project is a research and advocacy organization that promotes policy solutions so that all Minnesotans have access to opportunity and economic well-being.

Established 25 years ago, the Minnesota Budget Project is a nonpartisan initiative of the Minnesota Council of Nonprofits.


Economic opportunity and prosperity should be available to all Minnesotans, regardless of who they are or where they live.

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Featured Research

Minnesota's policy choices move it toward top for tax fairness in 50-state study

In an era of income inequality and growing concentration of wealth, a new 50-state study analyzes whether state tax systems make income inequality better or worse. The Institute on Taxation and Economic Policy (ITEP) finds that Minnesota’s tax system reduces income inequality in our state. Minnesota ranks 50th on ITEP’s Tax Inequality Index, with only the District of Columbia having a stronger impact on reducing inequality.

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A Minnesota Child Tax Credit would unleash the power of the tax code to fight child poverty

Minnesota should join a growing number of states that have created Child Tax Credits, building on the remarkable success of the expanded federal Child Tax Credit in reducing child poverty and material hardship among families.

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Who receives the Child and Dependent Care Tax Credit?

In 2020, more than 38,000 families received Minnesota’s Child and Dependent Care Tax Credit. Focused on low- and moderate-income families, this tax credit is one part of a spectrum of state investments to bring down the cost of child care, which also includes child care assistance, early learning scholarships, Head Start, and pre-Kindergarten.

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