Wisconsin Governor Scott Walker Reveals Deep Spending Cuts With New Budget

Gov. Scott Walker unveiled a budget plan Tuesday that balances the Wisconsin's budget by cutting more than $1 billion in state aid to schools and local governments.

The Republican said the state is broke and the cuts are necessary to deal with a projected $3.6 billion deficit over the next two fiscal years without raising taxes, the Wall Street Journal reports. Protesters could be heard outside during his budget speech, which outlined a total of $4.2 billion in cuts.

But the governor said the cuts proposed Tuesday—along with the bill restricting bargaining rights—are necessary to address a $137 million shortfall for the fiscal year ending June 30 and a projected $3.6 billion deficit for the following two fiscal years. He opposes raising taxes.