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Bakk: Hold back some of surplus in case of tax-law...

2015-03-02 20:28:26| Paper - Topix.net

Senate Majority Leader Tom Bakk says he's reluctant to use Minnesota's projected $1.87 billion surplus entirely because of a tax lawsuit that would be costly if the state loses. Bakk wouldn't say Monday how large of a cushion his Democratic caucus would try to set aside, but said it is essential to prepare for the potential $700 million exposure.

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