CHICAGO — Minnesota lawmakers wrapped up their work on a new two-year $38.3 budget late Monday approving a tax package that generates $2.1 billion of new revenue by raising taxes on top earners, corporations, and cigarettes.

The package also provides aid for the Mayo Clinic’s proposed makeover of its hometown.

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.