Governor Mead has been asking state agencies for months to prepare for eight percent budget cuts.
After thoroughly analyzing everything, Friday the governor announced his budget plan for the 2014 fiscal year and says the news was better than expected.
"We have cut the budget by 6.51%, that is the standard budget for fiscal year 2014. That's the equivalent of $60.52 million dollars," Mead said.
When the Legislature convenes for its general session on January 8, this plan gives them almost $20 million to work with.
One of the top priorities during the session will be whether to accept Medicaid expansion.
Mead has decided to reject expansion for now, but legislators will make the final decision.
Mead says he'd like them to keep an open mind on the topic and not let politics get in the way of doing what's best for the citizens of Wyoming.
"The sooner that we can make the decision the better. This is a general session and I think this is the time for the full debate for the Legislature and the public and for my office to fully vet those and make a decision both on the exchange and upon the expansion. At this time, again, my answer is no," Mead said.