This bipartisan budget agreement makes thoughtful reductions in state spending while keeping us on track to make Minnesota the best state in the country to raise a child.'

Minnesota Gov. Tim Walz and legislative leaders say they have reached an agreement to hold a one-day special session on Monday to finish the state budget. Why it matters: The narrowly divided Legislature has to get a balanced budget done this month to avoid a partial shutdown.

The Minnesota Legislature intends to hold a one-day special session that will convene Monday, Gov. Tim Walz and legislative leaders announced in a joint statement Friday.