Wis. Republicans Reach Deal to End Budget Impasse

Republican legislative leaders have reached a deal on a new state budget.

Leaders of the Senate and Assembly plan to hold a news conference on Wednesday morning to announce terms of the agreement.

Assembly Speaker Robin Vos’s spokeswoman Kit Beyer said Tuesday the deal had been reached and details would come out Wednesday.

The deal was reached on the last day of the fiscal year.

Republican senators met in a private caucus for five hours Tuesday to discuss the three main outstanding issues in the budget.

Those are roads funding, a financing plan for a $500 million Milwaukee Bucks stadium and the prevailing wage.

The Legislature could vote on the new budget as early as next week, but no dates had been announced. 

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