Wisconsin Gov. Scott Walker reduced a proposed funding increase for the University of Wisconsin system in his proposed two-year budget by $94 million and recommended a tuition freeze.

The action comes in response to the disclosure that the system had significant cash reserves of $648 million. Walker originally proposed a $181 million increase in his next budget, but last week he cut the increase to $87 million. He also wants the university to cancel a proposed 2% tuition in 2014 and 2015 which would have raised $42 million.

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