Walker Signs Wisconsin Budget

Monday, June 27th, 2011 at 1:15 pm

Gov. Scott Walker has signed his first budget, which plugs the state’s $3 billion shortfall but also slashes funding for public schools and the University of Wisconsin System.

The Associated Press report that Walker signed the budget Sunday at a private ceremony at a Green Bay manufacturing company.

Democrats assailed the budget as an attack on middle class values since it cuts funding for public schools by $800 million, reduces funding to the University of Wisconsin system by $250 million and cuts tax credits for poor people.

But Walker says it’s a responsible plan that doesn’t raise sales or income taxes, does away with the shortfall and leaves the state with a surplus.

The budget also includes tax breaks for manufacturers and large companies.

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