The state would be short about $1.6 billion by the end of the 2028 fiscal year and nearly $4 billion by the end of the 2029 fiscal year.

The proposal would invest $4 billion in K-12 and higher education, provide $2 billion in tax relief and increase taxes for wealthy residents.

Evers' budget will focus on tax cuts for residents, holding property taxes at current levels and focus on kids, according to budget address excerpts