Search

Minnesota Budget Bites

02/01/23
  • Transportation
  • Minnesota Taxes and Tax Plans
  • Minnesota Budget
  • Immigration
  • Minnesota Tax Credits
  • Health Care
  • Child Care
  • Minnesota Budget Plans
  • Minnesota Taxes

Governor Walz releases FY 2024-25 budget priorities

In his proposal for the two-year FY 2024-25 budget cycle, Governor Tim Walz proposes $11.2 billion in additional funding for public services, with the largest amount of new dollars going toward education, economic development, and health and human services. He also proposes $5.4 billion in tax reductions in FY 2024-25, with the biggest component being a one-time tax rebate. Read more in our blog.
01/25/23
  • Minnesota Tax Credits
  • Blogs
  • Minnesota Taxes and Tax Plans
  • Minnesota Taxes

Child poverty declines sharply thanks to federal Child Tax Credit expansion

Winter mom boy in snow AdobeStock
Thanks in part to improvements policymakers made to the federal Child Tax Credit (CTC), recent U.S. Census data show that from 2019 to 2021, child poverty fell a remarkable 59 percent. Minnesota policymakers should build on that success and create a state Child Tax Credit.
12/15/22
  • Minnesota Budget Outlook and Trends
  • Minnesota Budget

Another historic surplus yields opportunity for transformational investments

Small child writing sm
The State of Minnesota is projected to have dramatically more resources than previously expected, according to the November 2022 Budget and Economic Forecast released last week. These resources present an historic opportunity to make transformational changes to build a more equitable recovery in which all Minnesotans are healthy, safe, and economically secure.
11/09/22
  • Income and Work
  • Poverty
  • Education

Minnesota college students increasingly facing basic economic, mental health challenges

Minnesota should prioritize funding basic needs programs and mental health services so that every college student can succeed regardless of their income or where they live.