WI Gov. Doyle Lays Out Budget Plans

Wednesday, February 18th, 2009 at 7:07 am

Wisconsin Governor Jim Doyle made his bi-annual budget address, Tuessday,  to a joint session of the Wisconsin legislature.  Doyle laid out plans to tackle the state’s projected $5.7 billion deficit.

Doyle plans to spend over $62 billion over the next two years in an effort to revive the state’s economy.  The Governor says he will spend the $2.1 billion the state is expecting from the federal stimulus package signed Tuesday by President Barack Obama, including $426 million for K-12 education.

Doyle also declared a tax increase on the wealthiest one percent of Wisconsinites.  The Democratic Governor plans to raise this group’s taxes by $312 million over the next two years.  State Republican leaders say the increase is going to hurt small local businesses.

Doyle further proposed raising the state cigarette tax $0.75 per pack.

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