MADISON, Wis. (AP) — Assembly Republicans have approved a bill that reworks the state’s finances to account for delays in savings from Gov. Scott Walker’s collective bargaining law.
The law calls for almost all public workers pay more for health care and pensions, resulting in $30 million in savings in the fiscal year that ends June 30. But the law is tied up in court and hasn’t taken effect.
New revenue projections, however, show the state will collect about $636 million more than planned. The bill directs some of that money to fill the collective bargaining hole and repay money taken from the state’s medical malpractice fund to help balance the state budget in 2007.
It also moves up $147 million in Medicaid payments to health care providers to capture $23 million in federal matches.