Joint Finance approves borrowing $125 million to pay for broadband expansion

Wisconsin would put another $129 million in state money into efforts to expand broadband under a motion the GOP-controlled Joint Finance Committee approved Tuesday.
Of that, $125 million would be covered through bonds with another $4 million transferred from a separate fund over the next two years toward the effort.
Gov. Tony Evers had proposed using $147.8 million in state tax dollars to cover the grants with another $50 million in various efforts to expand access to high-speed internet.
Joint Finance Co-chair Howard Marklein, R-Spring Green, noted federal money from the latest COVID-19 stimu...

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