Walker Doesn’t Have to Slash UW and Education Funding
Facing a deficit going into the two-year budget cycle that begins in July, Gov. Scott Walker has proposed slashing funding for the University of Wisconsin System, public K-12 education and other vital programs.
But Walker doesn’t have to make massive cuts or raise taxes to balance his budget if he changes his priorities, according to researchers at the Wisconsin Budget Project, an initiative of the Wisconsin Council on Children and Families.
Walker, for example, can free up $782 million through the following actions: take the federal funds to fully expand BadgerCare under the Affordable Care Act ($345 million), halt the expansion of a tax credit for manufacturers and agricultural producers that’s ballooned beyond its original estimates ($226 million), and reallocate a regressive property tax credit ($211 million).