Daily Digest for January 27, 2021 Posted at 7:45 a.m. by Michael Olson |
Good morning,
Battling the prolonged COVID-19 pandemic and a projected state deficit, Gov. Tim Walz proposed a new two-year, $52.4 billion budget Tuesday that he said would help Minnesota dig out from both problems.
His proposal seeks to raise taxes on those with incomes over $1 million and on corporations that didn’t get stung by the coronavirus-caused recession. In turn, the DFL governor would send more aid to small businesses that were pinched, provide a lift to those with lower incomes and position schools to help their students make up for lost ground.
“Not every Minnesotan was impacted by the COVID-19 pandemic equally. We know the COVID-19 pandemic hit our working families, small businesses, and students particularly hard. They need our help,” Walz said. “The budget I am unveiling today will make significant strides in helping those Minnesotans stay afloat.”
Walz was quick to point out that only a small percentage of Minnesota families would see higher income taxes.
“Just so people out there are listening, if your family is making less than $20,000 per week, this isn’t going to hit you,” he said. “This is $20,000 per week that we’re talking about, and it’s 1 percent on those folks.” [Read More]
St Paul Mayor Melvin Carteris running for reelection, Minneapolis Mayor Jacob Frey announced last week that he was doing the same.
Coming up today:8:30 a.m. Energy Secretary Confirmation Hearing for nominee Jennifer Granholm (CSPAN)12 p.m.MPR News' Angela Davis hosts Distrust and Disparities in BIPOC Health Care12:30 p.m. President Joe Biden and Vice President Kamala Harris discuss action on climate. ( MPRnews.org) |
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