Minnesota's surplus for the next two-year budget has plummeted by $160 million, according to the latest forecast, which cites federal policy changes and inflation as reasons for the decline.

The Senate DFL’s targets include a $1.9 billion reduction in the upcoming biennium and a bigger cut of $3.3 billion in ...

There is a budget battle brewing when the Minnesota Legislature returns to ... the Legislature is having this year is the 2023 surplus was a very unique surplus. It was in the aftermath of COVID.

The governor is seeking the statewide sales tax to be cut from 6.875% to 6.8%, meaning Minnesotans would pay $7.5 cents less ...

There would be no budget crisis had the Democrats in the Minnesota Legislature trifecta acted responsibly with a $17 billion surplus! They have only themselves to blame now for the layoffs and ...

For those of us who support Minnesota’s efforts to fund robust public services, it’s been a rough few months. The February forecast dimmed what was already a fairly bleak state ...

PAUL — Minnesota ... released a revised budget proposal for 2026-27 totaling roughly $66 billion, with new pockets for spending cuts. The plan leaves $2.3 billion in surplus for 2026-27 and ...

RELATED: ‘Significant’ uncertainty subdues Minnesota’s near-term budget surplus; $6B deficit on horizon The revised proposal includes supporting the state’s response to the bird flu as ...