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Wisconsin’s budget includes tax cuts, university funding boost and prison closure
WISCONSIN, JUL 01 – The bipartisan budget includes nearly $1.4 billion in tax cuts benefiting 1.6 million residents and historic funding increases for K-12 special education and the University of Wisconsin system.
- On Tuesday, July 1, 2025, Wisconsin Democratic Governor Tony Evers and Republican leaders agreed to a bipartisan two-year state budget deal in Madison.
- The deal emerged after missing the June 30 deadline and weeks of difficult negotiations marked by Senate Republican walkouts and disputes over funding allocations.
- The budget plan allocates substantial tax relief affecting approximately 1.6 million Wisconsin residents, provides a $256 million boost to the University of Wisconsin system, and includes a $300 million commitment toward supporting child care programs.
- Governor Evers pledged to sign the tax cut plan without partial vetoes and highlighted, "this is a pro-kid budget that’s a win for Wisconsin’s kids, families, and our future," while Assembly Speaker Robin Vos praised tax relief and government reforms.
- The agreement aims to stabilize the child care industry without extending pandemic subsidies, increase special education funding, and order an audit of the UW system, indicating ongoing bipartisan compromise despite legislative challenges.
84 Articles
84 Articles
Wisconsin’s retirement income exclusion will shift tax burdens to working families over time - Badger Institute
With Republican legislative leaders and Democratic Gov. Tony Evers having reached and passed a budget deal for Wisconsin’s 2025-27 biennium (fiscal years 2026 and 2027), it is worth examining two significant tax relief proposals Republicans included in their plan. The more costly of the two provisions, reducing individual income tax collections by an estimated $695 million over two years, is a significant increase in the amount of retirement in…
Evers vetoes deadline to close Green Bay prison
Wisconsin governor Tony Evers on Thursday partially vetoed a provision to close the Green Bay Correctional Institute by 2029.The partial veto was included in the biennial budget signed by the Governor early Thursday."Let me be clear: I support closing Green Bay Correctional Institution," Evers stated. "As of this writing, there are 1,133 people at Green Bay Correctional Institution; the Legislature provides nowhere for these maximum-security-sta…
WJFW NewsWatch 12
Fort Wayne Business WeeklyWisconsin budget signed into law by Evers early Thursday morning
(The Center Square) – Wisconsin Gov. Tony Evers signed the state’s budget into law in the early morning hours Thursday after the state Legislature passed the bill during sessions that spanned all of Wednesday with the Assembly running into early…
Wisconsin’s Proposed Retirement Income Exclusion Would Shift Tax Burdens to Working Families over Time
With reports that Republican legislative leaders and Wisconsin Gov. Evers (D) have reached a budget deal for FY 2026 and 2027, it is worth examining two significant tax relief proposals included in the plan.
Bipartisan environmental protection program at risk in state budget
Wisconsin state legislators are in the midst of budget negotiations, making allocations to programs for the 2025–27 funding cycle. Deep disagreements between both houses of the legislature — as well as between the legislature and the governor — have created…
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