Republicans Back Out of Bipartisan Budget Talks

Madison – Following months of negotiations between Republican leaders in the legislature and Governor Tony Evers, hopes for a bipartisan budget were dashed last night after Republicans backed out of talks. While Governor Evers was willing to include several key Republican priorities, they were unwilling to hold up their end of the deal and agree to support Democratic goals such as investments in schools and child care.

By ending these talks, Republicans are walking away from a needed tax cut for our state’s seniors. Previously, Republicans have proposed a state income tax exemption of $75,000 of retirement income for single filers, and $125,000 for married joint filers.

Following these actions, Senator Wirch (D- Pleasant Prairie) released the following statement: “I am very disappointed that Republicans refused a tax cut that would benefit seniors, while also refusing investments in our schools.”

The border communities of the greater Kenosha area are acutely aware of the benefits a tax cut on retirement income would have on Wisconsin residents. In Illinois, Social Security benefits, pensions, and 401(k)s are not taxed, giving our community’s seniors a strong incentive to move south. If we want to be a state where people want to stay, we must assure them of support throughout their lives.