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Last Friday, Governor Tony Evers vetoed the WILL-backed “Red Tape Reset,” a comprehensive regulatory reform package supported by a broad coalition of free-market groups and Wisconsin job creators.
The package would have modernized the state’s regulatory system, restored constitutional checks and balances, and reduced costs for families and businesses across the state. Wisconsin is currently the 13th most regulated state in the country and 2nd worst in the Midwest, trailing only Illinois.
A study by WILL found that reducing the state’s regulatory burden by just 10% could increase Wisconsin’s GDP by $6.6 billion, while a 40% reduction could grow the economy by as much as $68.1 billion by 2037. Despite this, Governor Evers vetoed the “Red Tape Reset” bill in order to uphold an administrative code that keeps over 165,000 government regulations on the books.
WILL Policy Director, Kyle Koenen, stated “Wisconsinites are paying the price for excessive regulation every single day, at the grocery store, on their energy bills as well as the rising cost of housing and everyday goods. Instead of providing relief to Wisconsinites, Governor Evers decided that the failed status quo was the way to go. Ignoring Wisconsin’s burdensome regulatory climate is irresponsible, and it will make it harder for our state to grow and compete in the decade ahead.”
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