Babaamaajimowinan (Telling of news in different places)

Where do the dollars for Minnesota's multibillion-dollar tax cut, spending deal come from?

The deal stretches tax cuts and spending over three years

Minnesota's top political leaders have struck the framework of a deal to cut $4 billion in taxes and spend an equal amount on things such as classrooms, public safety and health care.

They're also planning to leave $4 billion unspent to prepare for any potential economic downturn.

That's a lot of money, and the roughly $12 billion deal doesn't include an agreement lawmakers already struck earlier this year to replenish the state's unemployment insurance trust fund and send checks to frontline workers.

https://www.startribune.com/where-do-the-dollars-for-minnesotas-multi-billion-dollar-tax-cut-spending-deal-come-from/600174108/

 

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