Republicans on State's Joint Finance Committee Finalize Education Spending and Tax Cuts
6 Articles
6 Articles
Republican committee boosts school spending, but far less than governor proposed
Republicans who run the Legislature’s budget committee voted Thursday to increase state spending on K-12 schools by $336 million — roughly $3 billion less than what was proposed by Democratic Gov. Tony Evers. GOP lawmakers also voted to cut income taxes by $1.3 billion, largely by reducing taxes on retirement income and expanding the second lowest tax bracket so that people who earn more money can pay a lower rate. The debate over the plans in t…
Joint Finance approves GOP motion adding $336.1 million to K-12 education; Evers wanted $3.3 billion
The bulk of the increase in the GOP motion -- approved 12-4 along party lines -- would go into special education. That includes $229 million in the main fund used to reimburse districts for special education costs and another $54.6 million for high-cost special education.
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