Tim Walz launched a third bid for the governor’s office on Tuesday, putting an end to months of speculation about whether he would seek another four years in the job.
Walz enters the race with more than $1 million in the bank and the power of the incumbency. But the two-term Democrat is also facing headwinds after his support has eroded in greater Minnesota.
Before he was first elected governor in 2018, Walz served six terms in Congress representing southern Minnesota.
If he prevails, Walz would become the first person in Minnesota history to win three four-year terms as governor.
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12:15 p.m. - Walz also touted passing a new child tax credit and “cutting taxes for the middle class” in his campaign video.
Walz’s website cites tax rebates for nearly 1 million Minnesotans that tallied up to $1,300 for larger families. The Legislature under Walz also eliminated a state tax on Social Security benefits for many seniors.
Republicans argue Walz should have done more to cut taxes with a historic $17.5 billion state surplus in 2023, when Democrats controlled the House and Senate.