State budget bust a growing possibility

State lawmakers are back at the Capitol for Week 3 of a special session to work out a two-year budget. The deadline is the end of the month, and there’s lots of heavy-lifting left. If they and the governor don’t reach agreement, layoffs of state employees and shutdown of some government services are likely.

Surcharge barely nicks millionaires, study shows

Even if Minnesota levies a tax surcharge on its richest residents, millionaires and others in the top 1 percent still get to keep more than 70 percent of the state and federal tax cuts they now enjoy, according to analysis released Wednesday by Minnesota Citizens for Tax Justice.