MADISON, Wis (WSAU-Wheeler News) The Wisconsin Assembly's economic committee will vote this morning on Governor Scott Walker's half-billion-dollar tax cut package. The panel held a public hearing on it yesterday, and Speaker Robin Vos wants the full Assembly to pass it next Tuesday.
Revenue Secretary Rick Chandler told the committee yesterday the plan would benefit all taxpayers -- and once it's passed, lawmakers will have granted roughly two-billion dollars in tax relief during the last two sessions. Republican Governor Scott Walker has been going around the state touting the tax cuts. He'll do the same today at the annual Business Day gathering of the Wisconsin Manufacturers-and-Commerce group.
The tax cuts would be taken from a projected billion-dollar surplus in the current budget -- and a number of senators are concerned because it would leave an extra deficit of $100-million to start the next budget in mid-2015. Majority Republicans have been meeting to discuss what they would support.
Walker said yesterday he would agree to what he called "tweaks" in his package -- and he believes the Senate will get on board with most of it. Meanwhile, 35-million dollars of the surplus would be used to improve job training programs, and put more disabled people to work. The Assembly's Workforce Development panel will vote on that part of the package today.