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Minnesota stands to lose millions under federal deficit-reduction plan

If federal policymakers fail to put forward a balanced deficit-reduction plan that includes significant revenues, Minnesota’s schools, roads and bridges, and communities would be substantially harmed, with serious implications for the state’s economy.

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Low- and middle-income Minnesotans would pay for $30 billion business tax cut

The U.S. Senate is considering a bill that would make it more challenging for low- and middle-income families moving up the income ladder to purchase affordable health insurance.
H.R. 436 – which passed the U.S. House of Representatives in early June – eliminates a tax on medical device companies. The Minnesota Budget Project strongly objects to the fact that the bill asks low- and middle-income families to pay the tab for the $30 billion in lost tax revenue.

Original Author: 
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Keep us fighting for our future


At least once a week, Minnesota Budget Bites arrives in your inbox, with information and insights you can’t get anywhere else.
We at the Minnesota Budget Project pride ourselves on accurate, nonpartisan and timely analysis that readers value.
You may not think of us as a fighter, but that’s really what we do. We fight for a future with a healthy state economy, a fair tax system, safe and vibrant communities, a well-prepared workforce and high-quality schools.

Original Author: 
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Very few would pay penalty for going without health insurance

The Affordable Care Act, recently upheld by the U.S. Supreme Court, includes a number of provisions to help people access health care. It allows children to stay on their parents’ insurance longer, prevents insurers from turning away those with pre-existing conditions, provides tax credits to make insurance more affordable, sets up a health insurance exchange to make it easier to find the right coverage and much more.

Original Author: 
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