The Legislature’s GOP-controlled budget committee has approved increasing K-12 education spending by $1 billion, or $1.6 billion less than what Democratic Gov. Tony Evers requested in his budget.
On this episode of Rewind: Your Week in Review, Emilee and JR discuss the ending of the standoff between top Republicans and Gov. Tony Evers over a bill to overhaul funding to local governments and save Milwaukee from a looming fiscal crisis. Assembly Speaker Robin Vos, Senate Majority Leader Devin LeMahieu and Gov. Evers reached a deal last Thursday to give every municipality a minimum increase of 20% in state aid, including allowing Milwaukee officials, instead of voters, to raise their local sales tax in part of a much larger package to increase funding to K-12 schools.
Inside the battle over the upcoming 2-year Wisconsin budget
Over the next several months, the Republican-led Legislature and Democratic Gov. Tony Evers will battle their way through the the 2023-25 biennial budget process as the state has a projected surplus of more than $7 billion.
The governor's budget proposal is all but certain to receive pushback from legislative Republicans, who have championed the need to implement a flat income tax in Wisconsin.
Wisconsin's latest fiscal outlook projects the state will wrap up the current fiscal year with about half a billion dollars more than previous projections.
Evers will unveil his formal budget request on Feb. 15. From there, the Republican-controlled budget committee will rewrite the document before sending it back to the governor.
ALEXANDER SHUR and MITCHELL SCHMIDT
Wisconsin State Journal
Updated
Evers on Tuesday also unveiled proposals to cut taxes, increase local government funding, spend more than $100 million to deal with PFAS contamination and support child care providers.
The two top options being discussed are adjusting the state's income tax to benefit middle class earners or eliminating the current tax and creating a 3.25% flat tax.