Wisconsin Assembly Rep. Jill Billings could have made some big money betting on the prediction markets over the $1.8 billion budget surplus deal that fell through last week.

Now, though, that's illegal, after a Gov. Tony Evers executive order banning state employees and their families from making those types of bets.

We get into all of it with Billings (D-La Crosse) — specifically how the deal to lower property taxes, send money to schools, give out $300 rebate checks and end taxes on tips and overtime fell through. Billings talks about her process for supporting the deal, but also the specific trade-offs she wasn't happy with.

Plus, Billings tells the story about a legislator's joke that hinted to her the deal was not going to pass the state Senate — getting back to how she could have made a big bet on the deal.

We also discussed how the Legislature had just three days to vote on this $1.8 billion package, and compared that to the $500 million Milwaukee Brewers stadium funding deal that was hashed out in public for over a month.