Wisconsin Governor Invest $1 Billion Into Economic Recovery

Wisconsin Governor Invest $1 Billion Into Economic Recovery

MIDDLETON  WI (STL.News) Governor Tony Evers  announced he is calling a special session to expand BadgerCare and invest the $1 billion in cost savings realized under the American Rescue Plan Act (ARPA) into Wisconsin’s economic recovery and more than 50 projects and economic development initiatives across the state.  The governor this morning signed Executive Order #116 calling a special session of the Wisconsin State Legislature to take up LRB-3568 next Tues., May 25, 2021, at 12:00 p.m.
The ARPA provides an additional, temporary fiscal incentive for states to adopt a provision to expand Medicaid.  Under the ARPA, Wisconsin would realize an estimated cost savings of $1.6 billion by expanding BadgerCare.  Earlier this month, Republicans on the Legislature’s Joint Finance Committee gutted nearly 400 provisions from Gov. Evers’ Badger Bounceback agenda, his 2021-23 biennial budget, including a provision to expand BadgerCare.

“We’re not only going to expand access to healthcare for tens of thousands of people across our state, we’re going to use that $1 billion we’d save and put it toward making sure our economy can bounce back and recover from this pandemic,” said Gov. Evers.  “It’s time for Republicans to put politics aside, and let’s work together to invest in economic development and recovery efforts across our state.”

The governor’s announcement comes as Wisconsin recently learned the state will receive $700 million less under the ARPA than previously expected due to the state’s higher employment numbers.

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Author: Maryam Shah