Minnesota Government Shutdown
Posted in Main Blog (All Posts) on July 1st, 2011 4:38 am by HL
Minnesota Government Shutdown
Minnesota began a government shutdown at midnight after talks between Gov. Mark Dayton (D) and Republican legislative leaders failed to produce a deal to close a $5 billion budget gap, according to the Minneapolis Star Tribune.
“Dayton and Republican legislators have been stalemated since January over how to balance the budget and close out the projected deficit. Dayton largely won election on a promise to preserve cherished state services by increasing taxes on the richest 2 percent of Minnesotans. But Republicans won control of the Legislature for the first time in decades with a pledge not to raise taxes. The deep rift ignited a political fistfight that spilled past the regular legislative session in late May and dragged the state to the current precipice.”
Geithner Says He Isn’t Going Anywhere
Treasury Secretary Tim Geithner denied reports that he will leave his post soon, saying he’s staying put “for the foreseeable future,” the Daily Beast reports.
