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Gov. Walz Plan for Budget Surplus

Gov. Tim Walz released an updated plan Thursday for how to spend the state’s enormous budget surplus, including a proposal for income tax rebate checks of $1,000 per couple. His revised supplemental budget proposal, released Monday, follows last month’s announcement that the state’s budget surplus has grown to $9.25 billion. It formalizes an idea he floated at the time for expanding his proposed tax rebate checks to $500 for single filers and $1,000 for married couples.