$25 grants would be funded with excess from fees generated by some parents’ 529 contributions |
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Two state Assembly members have proposed giving a $25 starter for a state-administered educational savings account to every child born or adopted in Wisconsin.
To do that, Assembly Bill 1012 is asking the Legislature to change state law to allow for about $1.5 million a year for roughly 60,000 children to be taken from a segregated account built from fees on private savings accounts in the state’s tax exempt Edvest 529 program. |
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Expecting a raise? Temper your hopes, says new survey |
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You can manufacture lots of things in Wisconsin: motorcycles, cheese, tissue, pool cues, even the kitchen sink.
But you can’t manufacture optimism.
When Wisconsin Manufacturers and Commerce, the state’s business chamber, last month put out the results of its semiannual survey of CEOs’ sentiments, the outlook was grim: 22% rated the Wisconsin economy as “strong.” Only 10% said the same of the national economy, with 28% calling it “weak.” That’s a gloomier number than the WMC found in summer 2020, amid lockdowns. |
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Pay it forward: Share this email with your Wisconsin neighbors 📧 |
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The trend in average weekly earnings of all Wisconsin private-sector employees as measured by the U.S. Bureau of Labor Statistics’ monthly survey of employers: |
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Moreover, a survey of Wisconsin CEOs by the state’s chamber of commerce finds more pay is less likely. Wisconsin Manufacturers and Commerce’s winter survey, released in late January, found that the number of employers planning pay raises of 3% or less has risen to 24% of employers, up from 17% a year ago. Only 14% said they plan to give raises of more than 4%. |
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Weekly Survey: Do you support the establishment of state-administered college savings accounts for all children born or adopted in Wisconsin? |
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The Badger Institute, formerly known as the Wisconsin Policy Research Institute (WPRI), has long been at the forefront of the fight for school choice, right to work, welfare reform, tax restructuring, limited government, civil society and so much more. If you appreciate the Institute’s legacy and want to support free markets, opportunity and prosperity, please consider donating today. Your support will help the Institute continue to advocate for conservative principles now and in generations to come. |
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The Institute never has, and never will, accept government funding. We gratefully welcome your online donation or email Angela Smith, Executive Vice President. The Badger Institute is a 501(c)(3) tax-exempt nonprofit organization funded solely by the generosity of foundations, companies and individuals. |
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