Minnesota Gov. Tim Walz's proposed budget offers the first-ever cut to Minnesota's sale tax rate — but it would also expand the tax into new professional services.

Minnesota forecasted a short-term surplus of $616 million through 2026-2027, $1.1 billion less than previously estimated.

Minnesota Gov. Tim Walz presented his two-year budget proposal on Thursday amid an ongoing power struggle at the Capitol.

Also included in the proposal would be an increase to the surcharge for health maintenance organizations, cuts of state ...

Gov. Walz is proposing cutting the statewide sales tax by .075%. The plan would also close certain "tax loopholes," increase ...

ST. PAUL, Minn. (KTTC) – Governor Tim Walz and Lieutenant Governor Peggy Flanagan are expected to present the state’s budget ...

Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a ...

Governor Tim Walz rolled out his 2025 biennial budget on Thursday and it includes the first sales tax cut in state history.

The state of Minnesota is spending more money than it’s bringing in, and if current trends continue, the state will spend ...

The budget proposal also calls for closing tax loopholes for services offered by wealth managers and lawyers. It also combats ...

Gov. Tim Walz is urging lawmakers to end a power struggle that has disrupted the first week of Minnesota’s 2025 legislative ...

ST. PAUL, Minn – At the State Capitol, the Republicans have accused the Walz administration of allowing fraud to be one of ...