MADISON – Assembly Republicans approved a state budget late Tuesday that would cut taxes by more than $3 billion over two years, clear the way for an expansion of I-94 in Milwaukee and end the 8-year-old freeze on in-state tuition at University of Wisconsin schools.
Their $87.5 billion plan passed 64-34, with four Democrats joining all Republicans in support. The Republican-run Senate is to take it up Wednesday.
The Legislature’s version of the budget would increase spending by 5.4% over current levels. Democratic Gov. Tony Evers sought to spend about $3.7 billion more than lawmakers.
The Republican version of the budget has at its heart a series of tax cuts.
It would reduce income taxes by $2.75 billion over two years, primarily by lowering one tax bracket from 6.27% to 5.3%.