Budget/Financing

Wisconsin Senate Passes Budget

The Wisconsin State Senate passed their version of the next two year budget early this morning. Read more here:

The bill goes back to the Assembly next week, where it must be approved before it is sent to Governor Doyle. The Senate version increases state support for K-12 public schools by 458M to 5.3billion (the Governor wanted to increase state support by 938M via borrowing and transfers).

I think Doyle, looking toward an election year in 2006, will take a Solomon approach and split the difference via his line item veto powers.