Dayton unveils his budget

He outlines cuts, tax increases and other shifts to tackle the state's $6.2 billion in red ink.

February 15, 2011 at 3:39PM

After more than a month of preliminary, already-rancorous, wrangling over Minnesota's historic budget deficit, Gov. Mark Dayton planned to unveil his plan for stanching the red ink this morning.

Conceding for days that his proposals were unlikely to satisfy anyone, Dayton has characterized the need to close a $6.2 billion budget deficit as "a monumental task." Details were to be released at 10:30 a.m.

As soon as the details iof Dayton's plan are unveiled, Republican legislative leaders plan to react to them -- followed quickly by the DFL's response.

Details aside, Dayton has made it clear he plans to call for increasing the income tax rate for Minnesota's highest earners, increase funding for K-12 education and hold the line on aid to local governments. He also has said he will recommend spending cuts he has said will be "far less hurtful" than those included in the GOP's budget bill last week -- which promptly triggered Dayton's first veto.

Check back in to Hot Dish for budget updates as they unfold today.

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