Minnesota’s Economic News — W/E 3/17/22

State and local taxes and spending

Duluth News Tribune: Minnesota House mulls proposals to eliminate, reduce Social Security tax

Kare 11: House panel weighs Social Security tax break

KTTC: Minnesota’s new bonding bill passed the house with ease, the Senate could be a different story

Fox News: Why Minnesota is among the few states taxing Social Security income

MPR News: Tax cuts likely in Minnesota session but who benefits still unknown

Hometown Source: State’s surplus holds steady

Waseca County News: It’s time for tax relief

CBS News: St. Paul Mayor Melvin Carter proposes 1% pothole tax

Faribault Daily News: Tax cuts for wealthy won’t help seniors

KSTP: Senator Miller introduces ‘Minnesota Refund Program’

Faribault Daily News: Republicans have alternative plans for taxes, education, public safety

Duluth News Tribune: Our View: Seize chance, St. Paul, to compromise, work together

KFGO: Minnesota Senate to consider $1.5B bonding bill passed by House

Duluth News Tribune: Minnesota Senate Republicans block $1.5 billion infrastructure borrowing bill, ask for action on taxes first

KSTP: Senate Republicans reject $1.5B bonding bill

Pioneer Press: MN Senate fails to pass $1.9 billion infrastructure package

KTTC: Governor Walz unveils revised ‘One Minnesota’ budget

WDIO: Revised One Minnesota Budget nearly doubles funding for public safety

CBS News: Walz, Flanagan revised budget nearly doubles funding for public safety plan

Star Tribune: Minnesota Gov. Tim Walz boosts money for local government in revised budget plan

MPR News: Revised Walz budget seeks lead pipe fixes, EV tax credit

Bemidji Pioneer: Walz calls for $1.2 billion more spending in revised budget

KNSI: Governor Walz Releases Revised Budget

Star Tribune: Minnesota may boost film tax credit 400% in hope of attracting production

Labor market

Hometown Focus: State posts robust January job growth signaling strong 2023 start

Star Tribune: In historic shift, Minnesota pushes to abolish subminimum wages for people with disabilities

KRWC: New Report Shows Sizable Job Growth in January

The Center Square: Minnesota has nation’s 10th largest increase in unemployment claims

KTOE: MN Unemployment Claims Up

Economic growth

Kare 11: Expert: Minnesota more insulated from regional bank concerns

KSTP: Minnesota economist: Instability in regional banks ‘unlikely’ to come here

Star Tribune: New report shows stark economic inequalities among Minnesota’s cultural groups

Minnesota Reformer: Data from past decade shows Minnesota’s economy is productive, diverse and innovative


Red River Farm Network: Minnesota Sets Export Record

Star Tribune: Minnesota’s export record shows the value of trade


Star Tribune: Minnesota had set a price floor for dairy products. A new bill could remove it

Star Tribune: Counterpoint: Some with disabilities would be harmed by minimum-wage changes proposed in Minnesota