March 22. 2013 7:00AM - Last modified: March 22. 2013 7:30AM

MADISON - Walker proposes $1.5 billion in capital projects

A $197 million replacement of the massive Hill Farms State Office Building complex on Madison's West Side is among nearly $1.5 billion worth of capital projects proposed by Gov. Scott Walker and recommended for approval Thursday by the State Building Commission.

Two Republican Assembly members of the commission, which is chaired by Walker, said their colleagues likely will have concerns about the $1.1 billion in borrowing in Walker's two-year capital spending plan as it heads to the Legislature for approval.

The Republican governor countered that he had held spending and borrowing in check in his first budget. Now, he said, it's time to spend on needed projects.

"We were very aggressive two years ago, because of the circumstances we faced," Walker said. "Today ... the bond market is positive (and) it's a good time when it comes to construction costs."

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