Wisconsin Governor Tony Evers is preparing his state budget proposal with projections showing a $4.3 billion surplus. The Democratic governor plans to invest in education and child care, while Republican legislators are advocating for tax cuts. The surplus comes from increased tax revenue due to a growing national economy. Previous surpluses have led to increased spending and tax cuts, leaving the state with $4.6 billion in reserves last year. Governor Evers aims to allocate extra funds to student mental health services, child care, and violence prevention.
There are conflicting viewpoints between Evers and Republican lawmakers, with the Joint Finance Committee rejecting Evers’ budget proposals. The surplus is seen as an opportunity for investments but also a potential burden for future budgets. Former budget committee chairs have experience navigating surpluses and deficits, with the current surplus largely attributed to one-time federal funding due to the COVID-19 pandemic. The debate over how to allocate the surplus and whether to implement tax cuts continues, with challenges posed by the split government in Wisconsin.
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