Madison-The Co-Chairs of the budget-writing, Joint Committee on Finance, Representative John Nygren (R-Marinette) and Senator Alberta Darling (R-River Hills) released the following statement regarding recently released revenue projections:
“Contrary to the negativity coming from Democrats, Wisconsin is on solid economic ground. New data released by the non-partisan Legislative Fiscal Bureau shows we can expect nearly $150 million in ongoing revenue available for the next biennium on top of the $1.8 billion previously estimated. This is even more proof that there is no need to raise taxes on the people of Wisconsin.
“This re-estimate proves that our reforms are working; the state is spending less on burdensome regulation while holding the line on taxes for Wisconsinites across the state. The improved revenue numbers are encouraging.
We know there is more work to be done. As we continue our work on the 2019-21 state budget process, we will continue on the same path and employ responsible fiscal planning to ensure Wisconsin continues to prosper and succeed.”