Legislative leaders announce transportation plan

Legislative leaders announce transportation plan

Republican lawmakers have a plan to fund road work, clearing the way for the Legislature’s finance committee to finish up the state budget.

Work on the budget has been at a standstill for more than a month, partly because legislators were struggling to find a way to reduce Gov. Scott Walker’s proposal to borrow $1.3 billion for roads.

Assembly and Senate leaders told reporters Wednesday they’ve reached a deal that calls for $850 million. The finance committee would have the final say on authorizing $350 million of that borrowing.

The finance committee plans to meet Thursday to finish the budget and set up Assembly and Senate floor votes. Senate Majority Leader Scott Fitzgerald says he still doesn’t have the votes to pass the spending plan out of his house, though.