People in democrats agree to spend entire budget surplus are represented in a Legislature considering changes connected to Woodbury.
Senate Minority Leader Mark Johnson said the budget target spends down funds planned to fully eliminate Social Security taxes.
The target includes $3 billion in tax breaks but doesn’t specify how relief will be delivered.
Tim Walz, Senate Majority Leader Kari Dziedzic, and House Speaker Melissa Hortman said they reached budget target numbers that include investments for kids and families, the largest tax cut in state history, and funding to improve health and safety.
“Whether it’s ensuring every kid can eat breakfast and lunch at school or passing $100 million in tax cuts, this has been the most productive legislative session in a generation — and we’re not letting our foot off the gas,” Walz said.
“This agreement moves us closer to ending child poverty and putting the state surplus directly back into Minnesotans’ pockets.
I’m grateful for the long hours and close collaboration of our legislative partners to put together this budget.” The agreement, typically not reached until near the end of the legislative session, includes the following targets.
Committee chairs will finalize budget details.
As the measure advances, residents of Woodbury can follow amendments and contact Ethan Cha regarding the final language.
Article Source: Alpha News: “Democrats agree to spend entire budget surplus”
