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Todd Novak: “We had a 7. Around $7 billion surplus.”

Featuring: Todd Novak, Republican | Wisconsin State Assembly, 51st District

Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak

Published March 13, 2024 | Video Starts at 20:45

And you're sitting there, what can we do here to this one with the surplus? But sometimes I'm not quite sure when you have that much money. I would say, and Howard probably knows this, you know, We had a 7. Around $7 billion surplus. Probably had $50 billion in requests to spend it. So it wasn't the easiest to figure out. But overall, I'm very happy with this budget and the roads projects in there. (20:45–20:49)

CLAIM

Asserts that there was around a $7 billion surplus.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Todd Novak

“The shared revenue build was held in my committee. I was chair of local government.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 18:46-18:50
“It was about seven hours. It was really fun.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 18:51-18:54
“I think everybody in unison was in agreement that we needed to increase shared revenue to the municipalities.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 19:02-19:09
“We provided a significant income tax cut across the board, every bracket. And the governor vetoed the top two rate cuts.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 19:02-26:59
“It's now it's set. We don't have to worry. Every two years we do a budget how much we're going to increase in shareholder revenue, tying it…”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 19:30-19:39
“We were able to get over $4 million to complete county O.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 20:21-20:24
“We call it the ARIP, the Agricultural Road Improvement Program. $150 million one time money dedicated to the town roads.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 20:56-21:04
“There's projects going right now that Howard and I put in the budget, what, two, three years ago, Highway 39, the Lone Rock bridge that we…”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 21:09-21:23
“We need an increase in shared revenue.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 21:56-21:59
“I believe the funding for schools is pretty good.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 22:00-22:03
“We did a really good budget this year and the governor did his credit, did negotiate the shared revenue school funding which he, he kind of…”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 22:23-22:34
“You can't bind a future legislator and governor unless it's a constitutional amendment.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 25:46-25:52
“The governor vetoed the GTA increase from, for our townships. And so that was $10 million that, that he vetoed.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 26:05-26:59
“You're talking a huge, huge property tax increase.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 26:09-26:13
“We eliminated the personal property tax in the budget two years ago.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 27:05-27:10
“You're saving $36 [from the tax cut].”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 28:10-28:13
“I expected [the governor] to veto the top tax bracket.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 28:17-28:21
“That middle [tax bracket] affects probably 70% of the public.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 28:22-28:28
“We've got the money, it's the people's money.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 28:41-28:44
“725 is a minimum wage. There's nobody making 725 right now.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 36:13-36:18
“I've got open spots, and that's never happened because it's not exactly, you know, these are good jobs.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 36:32-36:40
“The birth rate has gone down, you know, and we should have saw this coming.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 37:37-37:43
“Declining enrollment in schools started how many years ago.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 37:42-37:45
“In my mind, the minimum wage is 15, $16 an hour.”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 38:10-38:14
“A lot of the bills that I've passed and Howard and I passed together, I would say probably half of them have come from constituent contacts…”
Legislative Update with Wisconsin State Senator Howard Marklein and State Representative Todd Novak | Uploaded March 13, 2024 | 48:38-48:47