Back in October 2011, the Wisconsin Department of Health Services (DHS) estimated that the state was facing a shortfall in the budget for Medicaid and BadgerCare of about $550 million during the 2011-13 biennium: almost $220 million in state General Purpose Revenue (GPR) and $330 million of matching federal funds. Since then, the size of the projected deficit has fallen by more than 60 percent, without accounting for the newer cost-saving measures. This short paper provides a summary of the evolving deficit estimate and offers several options for closing that shortfall.
Wisconsin’s Strong Fiscal Position is an Opportunity to Ensure Everyone Benefits
Wisconsin can be a place where we all—regardless of race or place—have what we need to overcome challenges and make our families safe and well. The state’s historically large surplus is an opportunity to build a stronger foundation for children and families in our state, like access to child care and health care, good schools, and affordable homes.