Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Gov. Tim Walz proposes checks for 2.5 million Minnesota households

 

January 25, 2023

Glen Stubbe, Star Tribune

Gov. Tim Walz on Tuesday proposed his full vision of state spending and taxes for the next two years, drawing on an estimated record-breaking surplus of $17.5 billion.

More than 2.5 million Minnesota households would receive checks from the state and many seniors would pay lower taxes on their Social Security benefits under DFL Gov. Tim Walz's $65.2 billion budget.

Walz on Tuesday proposed his full vision of state spending and taxes for the next two years, drawing on an estimated record-breaking surplus of $17.5 billion to boost cash for schools, housing and paid worker leave, and to give tax breaks. His plan amounts to a 26% increase from the current two-year budget, with more than half of the increase in one-time spending.

"As the economy brings pressures onto families, we have the capacity to relieve some of those," Walz said. "Whether it's reducing the cost of child care, or whether it's putting checks and money back in people's pockets."

https://www.startribune.com/gov-tim-walz-proposes-checks-for-2-5-million-minnesota-households/600246095/

 

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