![MN Senate Republicans Counter Walz Budget Proposal](https://townsquare.media/site/67/files/2021/01/GettyImages-1221532967.jpg?w=980&q=75)
MN Senate Republicans Counter Walz Budget Proposal
MINNEAPOLIS (AP) -- Minnesota Senate Republicans have released a two-year budget proposal with no proposed tax increases to help balance the state's budget.
The move Tuesday came after Democratic Gov. Tim Walz announced a proposal in late January that includes tax hikes on the wealthiest Minnesotans and large companies.
The proposal features $591 million in tax relief on Paycheck Protection Program loans and tax elimination for unemployment benefits, in addition to no proposed tax increases.
Democratic House lawmakers said in a statement the Senate GOP proposal is inadequate as it benefits corporations and the wealthy over those struggling due to the pandemic.
More From AM 1240 WJON
![Going to the Trump Rally in St. Cloud? Here’s What You Need to Know](http://townsquare.media/site/67/files/2024/07/attachment-Trump-at-RNC-Photo-Brandon-Bell-Getty-Images.jpg?w=980&q=75)
![New Wave of COVID-19 Increasing Cases in Minnesota](http://townsquare.media/site/341/files/2020/04/fusion-medical-animation-rnr8D3FNUNY-unsplash.jpg?w=980&q=75)
![Man Suffers Significant Injuries in Fire](http://townsquare.media/site/67/files/2020/05/Fire-gear.jpg?w=980&q=75)
![Emmer Honors Retiring St. Cloud Mayor on U.S. House Floor](http://townsquare.media/site/67/files/2024/07/attachment-Emmer-Kleis.jpg?w=980&q=75)
![Virtual Ice Fishing Tournament Changes Ownership](http://townsquare.media/site/65/files/2024/02/attachment-GettyImages-1367444464.jpg?w=980&q=75)
![Man Killed in Crash on Highway 23 Near Willmar](http://townsquare.media/site/67/files/2023/06/State-Patrol-Stock-2.jpg?w=980&q=75)
![MN DFL Breaks Fundraising Record 2nd Day in a Row](http://townsquare.media/site/67/files/2024/07/attachment-GettyImages-2161823256.jpg?w=980&q=75)
![Why Choose St. Cloud for Saturday’s Trump-Vance Campaign Rally?](http://townsquare.media/site/67/files/2024/07/attachment-TrumpRally-AnnaMoneymaker-GettyImages.jpg?w=980&q=75)
![1 Teen Killed, 1 Teen Hurt While Walking on Highway](http://townsquare.media/site/67/files/2021/05/State-Patrol-WJON-Stock-.jpg?w=980&q=75)