Three weeks after the state fiscal year officially ended, a compromise between Governor Scott Walker and legislative leaders may have been found. The main sticking point between Republicans in the Assembly and Senate has been over the level of bonding authorized for road projects over the next two years. The Assembly has advocated for paying for road projects as you go with increasing taxes and fees, while Walker and Senate GOP has been against raising any new revenue.
Earlier this week, Governor Walker offered to eliminate his proposed reductions in the individual income tax and invest $200 million into roads. On Thursday afternoon, Speaker Robin Vos (R-Rochester) announced they had accepted the deal and looked forward to finalizing the budget. Senate Majority Leader Scott Fitzgerald was caucusing with his members later in the afternoon to see if they will also sign off.
No official news was available at the time of this writing.
You can read more about the compromise from the Wisconsin Radio Network.