Back to today’s briefing

Story perspectives

Governor Evers Unveils $111 Billion Budget with Tax Cuts

7/4/2025

30 5

Summary

Evers' Budget Proposal

Wisconsin Governor Tony Evers has unveiled a transformative $111 billion budget for 2025-27, promising $1.5 billion in tax cuts aimed at uplifting middle-income earners and retirees. Notable changes include an expanded income tax bracket and a retirement income exemption for those over 67. Additionally, the budget prioritizes education funding and outlines plans to close the Green Bay Correctional Institution by 2029.

Summary

Trump's Bill Passes

President Trump's ambitious $4.5 trillion "One Big Beautiful Bill" narrowly passed the House with a 218-214 vote, igniting fierce debate. Critics fear devastating cuts to Medicaid and food assistance could harm over 270,000 Wisconsinites, while supporters argue it offers crucial relief for the middle class and bolsters border security, leaving vulnerable communities in peril.

1 of 2

Evers' Budget Proposal

Wisconsin Governor Tony Evers has unveiled a transformative $111 billion budget for 2025-27, promising $1.5 billion in tax cuts aimed at uplifting middle-income earners and retirees. Notable changes include an expanded income tax bracket and a retirement income exemption for those over 67. Additionally, the budget prioritizes education funding and outlines plans to close the Green Bay Correctional Institution by 2029.

1 / 2