MADISON, WI (WTAQ) - Governor Scott Walker says he expects legislators from both parties to approve his half-billion dollar tax cut plan, despite concerns that it might leave a bigger deficit for the next state budget.
After speaking to the Wisconsin Grocers Association Thursday, the Republican Walker said only a couple people have raised concerns.
The governor still believes that more economic growth will wipe out the structural deficit for the next budget, which is now up to $825 million.
The current budget is projected to have a surplus of almost $1 billion, and Walker said it's only right to give it back to the people who paid it. He told the grocers, "The budget surplus is really your money. You earned it."
Democrats want the money to go to public schools and job training, reduce the state's debt, and give more back to the middle class. But they're in the minority in both houses, and even those Republicans who are concerned about the structural deficit say some type of tax cut will pass.
GOP Assembly Speaker Robin Vos expects Walker's plan to be approved largely as he proposed it.
(Story courtesy of Wheeler News Service)