Minn. Senate readies bill to shut $2.9B budget gap - KTTC Rochester, Austin, Mason City News, Weather and Sports

Minn. Senate readies bill to shut $2.9B budget gap

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ST. PAUL, Minn. (AP) -- A bill steaming toward a vote in the Minnesota Senate would close the state's $2.9 billion budget gap mostly with spending cuts and payment delays but also with a possible tax hike.

Parts of the proposal were released Saturday in a meeting of the Senate Finance Committee. A vote by the full Senate is expected on Monday.

The bulk of the package relies on deferred payments to schools, similar to a strategy used by Gov. Tim Pawlenty last year. His approach was struck down this week by the state Supreme Court because he carried it out without legislative consent.

Still unclear is where Democratic lawmakers will find $433 million in new revenue. Pawlenty says he won't agree to a tax increase.

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