% NOW HOW WE'LL CRAFT THE BUDGET.
% >> Frederica: REPRESENTATIVE %
MARK BORN THANK YOU VERY MUCH.
% >> THANK YOU.
% >> Frederica: WE SPOKE WITH
% JASON STEIN RESEARCH DIRECTOR OF
% THE WISCONSIN POLICY FORUM FOR
% HIS TAKE ON THE BUDGET NUMBERS.
% WHAT STANDS OUT IN THIS ADDRESS?
% >> THE INCREASE FOR A WHOLE
% VARIETY OF PRIORITIES.
% STARTING WITH SCHOOL AND HEALTH
% CARE AND THINGS WE TRADITIONALLY
% EXPECT AND THEN THROW IN MORE
% THAN $290 MILLION FOR MILLER
% PARK AND FOR MEDICAL LEAVE AND
% BROADBAND.%THE NON-TRADITIONA
L PRIORITIES
% EASILY ABOVE $1 BILLION JUST
% THOSE THREE.
% >> HOW DOES IT COMPARE TO OTHER
% BUDGETS?%>> NOTHING LIKE WE'V
E SEEN
% BEFORE.%IT'S UNPRECEDENTED.
% IT ALLOWS FOR BOTH PARTY TO
% THINK BIG ON THE TAX CUT OR
% SPENDING SIDE.
% AT THE SAME TIME A LOT OF
% SUBSTANTIAL INCREASES THAT WILL
% LOWER THE STATE'S RESERVES
% SUBSTANTIALLY WHICH IS
% APPROPRIATE BUT I THINK THE
% SPENDING HAPPENING MAY BE
% DIFICULT TO SUSTAIN IN THE NEXT
% BUDGET.
% >> Frederica: AS TO THE TAX CUTS
% THE GOVERNOR REGARDS THEM AS TAX
% CUTS FOR THE MIDDLE CLASS
% OPPOSED TO WHAT WE UNDERSTAND
% REPUBLICAN BUDGET WRITERS ARE
% TRIND WHICH MAY BE A FLAT TAX.
% HOW DO THE PLANS COMPARE?
% >> THE FIRST THING IS THE
% GOVERNOR HAS A MIX OF TAX
% INCREASES THAT WILL PRIMARILY
% FALL ON UPPER INCOME EARNERS AND
% TAX CUTS FOR MIDDLE AN LOW
% INCOME EARNERS.
% WHILE THE REPUBLICAN PLAN PUTS
% FORWARD A LARGE TAX CUT THAT
% ALSO WOULD BE DIFFICULT TO
% SUSTAIN IN FUTURE YEAR AND RAMP
% UP TO $5 BILLION A YEAR.
% >> Frederica: DO YOU THINK
% THERE'S MORE COMPROMISE TO BE
% HAD IN THE BUDGET?
% >> THE GOVERNOR'S BIG SIGNATURE
% PROPOSALS YOU WOULD NOT EXPECT
% THEM TO GO THROUGH AS PASSED BUT
% IN AREAS FOR AID FOR LOCAL
% GOVERNMENT WE CALL SHARED
% REVENUE AND IN PERHAPS MILLER
% PARK OR THE BREWERS STADIUM AND
% SOME OF THOSE AREAS REPEALING
% THE PERSONAL PROPERTY TAX YOU
% COULD EXPECT TO SEE SOME GIVE