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 cumulative fiscal impact over the next ten years is projected to be $2.3 billion.
Read more in a new Wisconsin Budget Project Blog post.
Jon Peacock
In February, Governor Evers proposed his state budget. Read our reaction here and our analysis here. The Governor’s proposals now go to the Joint Committee on Finance (often called the Joint Finance Committee or JFC). This powerful committee is made up of both state...
Tough-on-Crime Narratives Uphold Wasteful Spending and a Developmentally Inappropriate Juvenile Justice System Main Takeaways Wisconsin relies far too much on incarceration and blames children for system-wide disinvestment in basic needs. Protecting our children means...
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