CHICAGO — Minnesota Gov. Tim Pawlenty this week sent lawmakers legislation that calls for business tax cuts and eliminates a $1.2 billion budget deficit through spending cuts and increased federal Medicaid funds not yet approved by Congress.

The spending reductions included in a supplemental budget package would have widespread effects.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.