JFC approves $3.5B income tax package
The Joint Finance Committee today voted 12-4 along party lines to approve a plan that would cut income taxes by $3.5 billion.
The Joint Finance Committee today voted 12-4 along party lines to approve a plan that would cut income taxes by $3.5 billion.
The Joint Finance Committee today voted 12-4 along party lines to increase state employee compensation by over $700 million.
The Joint Finance Committee this evening voted along party lines to cut $32 million from the UW System budget over its diversity, equity and inclusion efforts, as Dems blasted the decision.
GOP lawmakers announced today they plan to pass a $3.5 billion income tax package that would drop Wisconsin to three tax brackets from four and reduce the rate of the top bracket by more than 1 percentage point.
The Joint Finance Committee is set to meet tomorrow at 4:30 p.m. to finish up the state budget. The committee’s agenda includes the UW System, Budget Management and Compensation Reserves, Wisconsin Housing and Economic Development Authority, Shared Revenue and Tax
Republican lawmakers are still hashing out details of a proposed income tax cut of more than $3 billion while Brewers talks have stalled, GOP Assembly leaders told reporters today.
The GOP-controlled Joint Finance Committee early this morning rebuffed calls from Dem Gov. Tony Evers and others to use state money to continue a program to subsidize child care facilities.
The state would spend $45 million on the development of a new radio system allowing emergency responders from across jurisdictions to communicate during disasters and large-scale incidents, under a motion the Joint Finance Committee approved early today.
The Joint Finance Committee early this morning approved boosting spending by the Department of Health Services by $3.1 billion in state and federal money over the next two years.
The state Senate this afternoon approved legislation to pump additional state aid into local governments after six Dems joined 15 Republicans in voting for the deal GOP leaders struck with Dem Gov. Tony Evers. Dems Melissa Agard, of Madison; LaTonya
The state would spend an additional $1.55 billion on transportation projects over the next two years, under a motion the GOP-controlled Joint Finance Committee approved tonight. With the additional funding, spending on transportation would hit $8 billion over the next
Republicans signed off on a motion that would pump $1 billion into K-12 education, with $647 million of that coming from property taxes.
The Joint Finance Committee late today put off taking action on the UW System budget, hours after Speaker Robin Vos called for a $32 million cut in state aid.
Dems on the Joint Finance Committee today ripped their GOP colleagues for adding less than a fourth of the positions at DSPS than what Gov. Tony Evers had proposed, arguing it would slow down processing occupational licenses.
The state Department of Justice would get a $10 million boost in general purpose revenue, a fraction of the $92.2 million that Dem Gov. Tony Evers had proposed, under a GOP motion the Joint Finance Committee approved today.