Minnesota News Network

  • Home
  • MNN Reporter Team
  • News
    • Politics & Government
    • Crime & Court
    • Health
    • Business
    • Entertainment
    • Weather & Natural Disaster
  • Sports
    • Gophers
    • Twins
    • Wild
    • Timberwolves & Lynx
    • Vikings
  • Minnesota Matters
  • Contact Us
    • Advertise with us
  • Affiliates
    • Affiliate Support
You are here: Home / News / Gov. Walz to roll out revised plan for using state’s $1.5B budget surplus

Gov. Walz to roll out revised plan for using state’s $1.5B budget surplus

March 12, 2020 By Bill Werner

Governor Tim Walz this morning (10am) rolls out his revised plan for using the state’s expected 1.5-billion-dollar budget surplus, which is now 200 million dollars higher than when he made his initial proposal. The governor says still a high priority is having the state’s “rainy day” budget reserve at full strength. “My first response — and this was months ago, before COVID-19 was on the scene — but with a belief that there were yellow flashing lights on an economy… well before the last couple days on Wall Street,” he says.

Walz says he also wants funding so the state can borrow two billion dollars for public works projects. And Walz says he’ll propose additional money be put in contingency accounts for emergencies. Lawmakers have a different wish-list: Democrats want 500 million dollars for early childhood education. Republicans want a billion dollars of the surplus returned to Minnesotans through tax cuts.

Share this:

  • Facebook
  • Twitter

Filed Under: News

Follow us on Twitter

My Tweets

#18 Gopher gymnastics in NCAA Regional action tonight (AUDIO)

The No. 18 University of Minnesota women’s gymnastics team will compete at the Denver Regional on March 31 – April 2. The Denver Regional will be hosted by the University of Denver and is one of four regional meets held nationally. Competition will take place at Magness Arena and in addition to Minnesota, the region […]

Two Gophers among three Hobey Baker finalists

For the first time in nearly 15 years, a pair of teammates were named Hobey Baker Memorial Award Hat Trick Finalists as Minnesota men’s hockey forwards Logan Cooley and Matthew Knies reached the final three it was announced Thursday by the 30-member selection committee. It’s just the third time since the selection process moved to […]

Wild announce “Crazy Game” for charity

The Minnesota Wild today announced the organization will host a “Crazy Game of Hockey” charity event in collaboration with the band O.A.R. and Minnesota’s own, Grammy-nominated guitarist Cory Wong on July 7 and 8 in Minneapolis and Saint Paul. The weekend activities will consist of three events helping launch and promote the newly announced Wild […]

Follow us on Facebook

Follow us on Facebook

Copyright © 2023 · Learfield News & Ag, LLC