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Tim Walz: “We still have a $5 billion surplus.”

Featuring: Tim Walz, Democratic | Governor of Minnesota

Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections

Published June 14, 2024 | Video Starts at 05:02

So they were going to give it back, all of it and create a deficit by the long term tax cuts. So that is not what happened in this. We still have a $5 billion surplus. We still do not have it through. What I'm talking about is structural changes that were identified over 15 years ago that no one has addressed. (05:02–05:05)

CLAIM

Asserts that Minnesota still has a $5 billion surplus.

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Tim Walz

“For every dollar of revenue, there's $8 of cuts. That's probably one of the most conservative budgets.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 02:47-02:53
“We did make the largest tax cut in Minnesota history.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 04:42-04:46
“The state reimburses for special education, for example, 100%.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 05:20-05:25
“There's been over 70 people caught, convicted and in prison recouping that money.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 11:50-11:56
“We had $100 million cost overrun in the Mnlar system for driver's licenses.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 12:23-12:29
“We have a tie in the House and we just needed to work that out.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 00:21-00:24
“The Republican position was that they should be in charge for the next two years. They don't have the majority.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 00:46-00:52
“This proposal lowers that tax rate, meaning, you know, 75 to 80% of Minnesotans will actually see a decrease.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 01:59-02:05
“Minnesota ranks first by quite some ways on the amount that we spend on this and the way we do this.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 03:12-03:18
“The budget that I propose leaves $2 billion on the bottom line after 2627 and leaves another close to 300 million at the end of 27 or 28…”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 03:58-04:09
“There's never been a campaign that short.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 07:58-08:01
“Republicans said they want to repeal paid family medical leave, which pulls at 80% in Minnesota.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 08:45-09:02
“Getting guns out of our schools pulls at 90%.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 08:45-09:02
“The BCA has now stood up, but we put it over with the investigators to be able to do this as we speak.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 11:43-11:50
“Now we have one of the smoothest licensing systems in the country.”
Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections | Uploaded June 14, 2024 | 12:31-12:35