Minnesota Gov. Tim Walz is set to roll out his proposed two-year budget plan on Thursday as he and legislators grapple with a potential multibillion-dollar deficit on the horizon. The two-term Democratic governor has said everything — including spending cuts — is on the table for the budget debate this year.

Walz focused on tackling fraud, cutting state spending and long-term fiscal stability in Minnesota’s 2026-27 budget.

Governor Tim Walz and Lieutenant Governor Peggy Flanagan presented their 2025 biennial budget, which included the first sales tax in the state's history.

By Dana Ferguson Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax rate that would be widened to include some financial services.

Governor Walz’s party has lost control of the Minnesota Legislature and faces mounting criticism as a budget deficit looms.

ST PAUL, Minn. — Minnesota DFL Gov. Tim Walz and Lt. Gov. Peggy Flanagan are set to unveil their administration's budget plan for 2025 during a news conference on Thursday.

Here's Minnesota Gov. Tim Walz's full press conference on his budget proposal. A confident Freudian slip on Fox News was the nail in the coffin for the ABC host The post Jimmy Kimmel Says Confirmation Hearings Have ‘Finally Found the Dumbest Person in the Senate’ | Video appeared first on TheWrap.