Skip to main content

Gov. Walz to share his budget proposal in Tuesday news conference

The announcement is scheduled for noon.

Gov. Tim Walz on Tuesday will share his budget proposal for the upcoming biennium. 

According to a news release, Walz will announce his "COVID-19 recovery budget" in a news conference at noon. It will be streamed on the governor's YouTube page here.

The State of Minnesota is projected to face a $1.27 billion deficit for the two-year budget that begins July 1, but state leaders are confident the picture will improve when another budget forecast is released in February. Additional federal aid could also improve the state's outlook.

The governor's budget is expected to top $50 billion, the Pioneer Press says. Walz on Monday announced an education plan focused on eliminating disparities, which is expected to be a big part of his proposal, as well as providing assistance to small businesses and working families that have been impacted by the COVID-19 pandemic.

It has also been reported that Walz may propose tax increases, which is always a sticking point among Republicans. Instead, GOP leaders have suggested a little less spending and dipping into the state's rainy day fund to balance the budget. 

“Proposing tax hikes is shockingly tone-deaf after Minnesota families and businesses have endured nearly a year of the governor’s shutdowns and constantly-changing executive orders. The governor knows they have no chance of becoming law. We are ready to roll up our sleeves to pass a bipartisan budget that funds our priorities while asking government to tighten its belt to close the budget deficit without tax increases,” House Minority Leader Kurt Daudt, R-Crown, said in a statement Monday night. 

Meanwhile, Axios in its morning newsletter on Tuesday said Walz's plan will include a fund to reimburse cities for "unanticipated public safety costs," like those related to the civil unrest in Minneapolis and St. Paul last summer. This will also surely be a non-starter among Republicans who have been critical of Minneapolis' response to the riots and efforts to revamp the police department. 

The governor's budget proposal will start the months-long debate between the DFL-controlled House and Republican-controlled Senate as they work to agree on a state budget while also balancing the projected deficit before the current budget expires on June 30. 

If they don't agree on a budget before the legislative session ends on May 17, they will have to return to the state Capitol for a special session to pass a budget. This has become commonplace in budget years to avert a government shutdown. In four of the past five budget years, a special session was required to pass budget bills. 

Minnesota Management and Budget (MMB) Commissioner Jim Schowalter, Department of Employment and Economic Department (DEED) Steve Grove, Minnesota Department of Revenue (DOR) Robert Doty and Minnesota Department of Education (MDE) Deputy Commissioner Heather Mueller will join the governor at the news conference. 

Latest forecast with Novak Weather

Next Up

Walz, Flanagan

Minnesota reports massive projected budget surplus of $17.6 billion

The huge surplus comes as the DFL prepares to assume a trifecta of the Legislature and the Governor's House.


Boil water advisory issued for part of Minneapolis after water main break

The main break caused significant flooding in an area of North Minneapolis Monday evening.


Deals struck between nursing union and hospitals, potentially averting strike

A strike was scheduled to start on Dec. 11 if a deal was not reached.

Minnesota Solar Installation - All Energy Solar

Make the Most of your Solar Panels with Energy Storage

Solar energy is great during the day, but what happens when the sun goes down?

Screen Shot 2022-12-06 at 7.34.26 AM

Man dies after shooting on St. Paul's East Side

It happened on the same night a man was fatally shot by police in the nearby Dayton's Bluff neighborhood.

Police tape

St. Paul police hit man with squad car, fatally shoot him

Police said officers responded to a domestic incident involving the suspect Monday night.


Charges: Minnesota elementary school teacher sexually assaulted 3 boys

The incidents were captured on video taken inside an elementary school classroom.

Police tape

Person shot by police in St. Paul Monday evening

It happened around 6:10 p.m. on the city's East Side.

Kollie Jr.

Woman killed in Moorhead identified as suspect's mother

An appeal has been issued to find the suspect's vehicle, which remains missing.


Ticket details released for 5-week run of 'Hamilton' in Minneapolis

The tour of the production has been delayed twice due to the pandemic.


Minnesota Board of Pharmacy files lawsuit against 3 THC edible retailers

The board has received 46 complaints in the past four months regarding the products.


Tim Walz

Walz's $52.4 billion budget increases school spending, raises taxes on wealthy

He says the budget will help level the playing field and ensure all Minnesotans have a fair shot at economic recovery,

Walz, Flanagan

Walz proposes legalizing marijuana in massive supplemental budget

It's among the provisions in his "Budget to Move Minnesota Forward."


Gov. Walz releases revised budget proposal, here's what's in it

Walz unveiled his revised budget Thursday, after the state projected a $1.6 billion budget surplus.

What is in Gov. Tim Walz's first budget proposal?

It provides a huge boost to education funding,

Governor Tim Walz

Gov. Walz offers pathway to 'wind-down' his emergency powers

"I recognize our shared interest in finding a pathway ... to ensure an orderly end of the peacetime emergency when it is no longer needed," Walz writes.