Excerpt from Governor Scott Walker’s remarks:
You may remember – we faced a grim financial challenge when we approached the LAST budget. We had a 3.6 billion dollar deficit. We made tough, but necessary decisions to turn this state around – and it’s working. This time around – we have a more than half a billion dollar surplus. Now, we can invest in our priorities.
This budget provides nearly one BILLION dollars in tax relief for Wisconsin families and businesses, including one of the LARGEST INCOME TAX CUTS in Wisconsin history.
With this budget, we invest hundreds of millions of dollars in NEW STATE FUNDS into PUBLIC EDUCATION, including an additional 300 dollars per student for public schools.
We learned from the new school report cards that many Wisconsin schools are doing a fantastic job – and that’s thanks to the staff and teachers who are passionate about what they do. We also know that every school doesn't fit every student – which is why this budget includes a statewide expansion of school choice. It’s not about public schools versus private schools – It’s about ensuring that every kid has access to a great education, regardless of zip code.
This budget reduces the number of uninsured in the state by almost 225 THOUSAND people, and ensures EVERYONE access to affordable health care.
We’ve increased aid and flexibility for workforce training apprenticeships to help people get the skills they need for the good jobs that are available today.
I should also mention – with this budget, we are projected to build our rainy day fund to 243 million dollars. We’re not going back to the days of overspending. Our pension system is fully funded and our bond rating is solid. We are putting our state on sound fiscal footing and moving Wisconsin forward.
Our final product is a budget that will help make Wisconsin a better place to live and work, play and learn - through greater efforts that lead to freedom and prosperity for all.