The Legislative Fiscal Bureau issued a memo last week that has generated some confusion about the state’s fiscal situation, because some people incorrectly interpreted it to mean that the state would have a sizeable balance at the end of the 2011-13 biennium. Instead, the LFB analysis shows that the recently approved 2011-13 budget bill...
Tax and Budget
The state budget and the taxes that help finance it have a huge impact on children and families. The budget provides most of the funding for vital government services, such as education, health care, transportation, child welfare and other safety net programs.
For more detailed analysis, visit the Wisconsin Budget Project website.
WI Budget Project Updates Summary of 2011-13 Budget
Now that the Legislature has completed its work on the 2011-13 budget, the Wisconsin Budget Project has updated its comprehensive (44 page) summary of the budget bill. It primarily focuses on the issues relating to children and families, and it shows how each policy item evolved over the course of the budget process. Each section also...
From Bad to Worse: New JFC Version of Medicaid Power Shift Compounds the Problems
Medicaid Provisions in JFC Budget Raise Constitutional Issues and Open Meetings Concern The Joint Finance Committee (JFC) version of the budget bill incorporates provisions from the budget repair bill (Act 10) that shift the power over Medicaid and BadgerCare policymaking from the legislature to the Department of Health Services....
The Budget’s Effect on Wisconsin’s Low-Income Families
How will the state budget impact low-income families? WCCF has updated two analyses to show how the budget -- as amended by the Joint Finance Committee -- will affect low-income families:Effects of the Biennial Budget and Budget Repair Bills for Working Families: This is a summary of the ways the proposed 2011-13 budget bill and the...
Ten-year Tax Cut Tally Tops Two Billion
According to a June 9th Legislative Fiscal Bureau memo prepared for Senator Mark Miller, the combined cost of the tax cuts in the biennial budget bill and in other bills already enacted this year will be $212 million in the 2011-13 budget period. The annual cost of many of those credits will grow significantly in future years, and the...
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