CHICAGO — Wisconsin Gov. Scott Walker has proposed a $1.12 billion capital budget for the next two-year budget cycle, down sharply from the $1.6 billion plan adopted two years ago.

The budget relies on a total of $720 million of borrowing, including $348 million of general fund-supported bonding, down from $504 million in the last capital budget. Another $304 million would be supported by program revenues.

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