Republican Governor-elect Scott Walker successfully campaigned on a platform involving cutting taxes as a way to spur job growth. Soon-to-be state Senate President Mike Ellis says Walker is “right on the money” on the subject.
Ellis says initial cuts cannot be too high as the first priority must be to match reoccurring revenue with reoccurring spending. He tells WIBA reoccurring spending is currently more than $1.2 billion above what is being brought in.
The Neenah Republican say the base budget must be reduced anywhere from three-to-five percent in order to balance the budget in a year. At that point, Ellis says any new revenue can then be used for incentives in job creation.