Assembly, Senate leaders say they have $850M deal to fund road work in the state

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MADISON — 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 Governor Scott Walker’s proposal to borrow $1.3 billion for roads.

Assembly and Senate leaders told reporters Wednesday, July 1st 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.