May 18, 2017
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15:12Now PlayingWith the latest budget target offers, Governor Mark Dayton and legislative leaders failed to reach a global budget agreement Wednesday, May 17, and further negotiations remain uncertain.
On Wednesday, Dayton offered GOP leaders a proposal he described as "meeting half way." Specifically, his budget plan would set aside $682 million dollars of the budget reserve for tax relief and transportation. Another $682 million would be dedicated to additional spending, including increasing education funding b y $606 million dollars, higher education funding by $268 million dollars and state government agencies by nearly $102 million dollars. Under Dayton's latest plan, health and human services programs would be reduced by $276.8 million dollars.
Later in the day, Republican leaders countered Dayton's proposal by setting aside $825 million in tax relief and $372 million dollars for transportation. Their Republican plan would spend an additional $440 million on education; $185 million on higher education. It would reduce spending by $400 million in health and human services programs.
Dayton told the media that the Republican plan was unacceptable, because it dedicated to much of the surplus to tax relief and transportation.
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