Walker expects bipartisan support for tax cuts
By SCOTT BAUER, The Associated Press. CREATED Jan 23, 2014
MADISON, Wis. (AP) -- Gov. Scott Walker says increasing the state's projected budget shortfall will not be a deal breaker, even though some Republican senators have expressed concerns about it.
Walker said Thursday he expects his half billion dollars tax cut plan to receive bipartisan support in the Legislature.
Walker commented after touting his tax cut plan at a meeting of the Wisconsin Grocers Association. He says a growing state economy will help erase any projected shortfall expected for the budget year started in mid-2015.
Walker's property and income tax cuts are expected to increase the state's shortfall from about $700 million to $800 million. But that estimated doesn't account for any increased state tax collections, which Walker is counting on.