Budget

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Budget BLOG

State would face $286M structural deficit for next biennium under JFC budget

The state would face a structural deficit of $286 million for the next biennium under the budget the Joint Finance Committee approved, according to...
Budget BLOG

LFB analysis finds JFC’s budget spends $3.7B less than Evers’ version

The Joint Finance Committee's version of the budget would spend $3.7 billion less in all funds than what Gov. Tony Evers proposed while approving...
Budget BLOG

Joint Finance approves budget after adding $3.4 billion tax cut

The Joint Finance Committee voted along party lines Thursday to approve a state budget after adding a $3.4 billion tax cut. But more than $200...
Budget BLOG

Budget committee approves money for state employee raises, boost for some prison guards

The Joint Finance Committee approved a package Thursday that would provide the funding for state employees to get raises of 2 percent in each...
Budget BLOG

JFC Republicans propose $3.4B tax cut

The $3.4 billion tax package the Joint Finance Committee plans to take up later today would put more into K-12 education and tech colleges...
Budget BLOG

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...
Budget BLOG

Republicans on budget committee approve more money for nursing homes, hospitals as Dems say...

The GOP-controlled Joint Finance Committee voted along party lines to pump $748.5 million in general purpose revenue into Medicaid and other health programs, matching...
Budget BLOG

Joint Finance approves four-year extension of stewardship; guv wanted 10 years

The Knowles-Nelson Stewardship program would be renewed for four years with $32 million annually for preservation and outdoor recreation programs under a motion the...
Budget BLOG

Budget committee puts $34.4 million more into corrections as Dems decry lack of reforms

The Joint Finance Committee voted along party lines this afternoon to put an additional $34.4 million into the Department of Corrections and Juvenile Justice,...
Budget BLOG

Budget committee to take up taxes, state employee raises June 17

The Joint Finance Committee is looking to round out its work on the state budget June 17 with an agenda that includes general fund...
Budget BLOG

Budget committee approves boost in transportation spending, while reducing borrowing, cutting state transit aid

The Joint Finance Committee voted along party lines Tuesday night to increase transportation spending by $357.3 million over current law and use more general...
Budget BLOG

Joint Finance approves $1.5 billion in capital projects

The Joint Finance Committee voted along party lines Tuesday evening to approve $1.5 billion in building projects. Adding in projects the committee had approved earlier...
Budget BLOG

Vos aiming for $4 billion tax cut after new revenue projections

Assembly Speaker Robin Vos, R-Rochester, said today he’d like to use $4 billion of unexpected revenue growth to cut taxes. Vos met with Senate Majority...
Budget BLOG

State now expects $4.4 billion more in tax revenue thanks to ‘unprecedented’ collections, LFB...

Thanks to “unprecedented” general fund tax collections in 2021, the state is now expected to take in $4.4 billion more through mid-2023 than was...
Budget BLOG

Joint Finance to take up Corrections, courts, stewardship Thursday

The Joint Finance Committee on Thursday plans to take up Corrections, the state court system, district attorneys and public defenders. The committee’s agenda also includes...
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