Dayton proposes $698 million in new spending for broadband, racial equity, tax cuts
Gov. Mark Dayton unveiled a dramatically scaled-back budget proposal Tuesday, abandoning his longtime effort to bring state-paid preschool to Minnesota as he tries to ensure the state’s fiscal stability for years to come.
The governor’s reduced spending priorities came as a result of new warnings about a potential economic slowdown that could drag the state into deficit in coming years.
Dayton said he would only pay for urgent spending priorities and is determined to beat back ongoing spending proposals that could blow a hole in future budgets.