The Milwaukee Journal Sentinel has an article comparing/contrasting the positions of candidate Mary Burke and Governor Walker on the just announced $1.8 Billion projected deficit in the 2015 – 2017 Wisconsin State budget.
Governor Walker in one of his most captain obvious moments said:
Walker said the projections also reflected the effects of his tax [...]
Looks like there’s more budgetary bad news here in Scott Walker’s Wisconsin. The expected shortfall for the next two-year state budget starting in July has risen to nearly $1.8 billion, or about half of what it was when Gov. Scott Walker took office in January 2011.
Meanwhile, the state’s projected gap in its current budget [...]
According to the non-partisan Legislative Fiscal Bureau, Wisconsin could need a budget repair bill by next summer if its economic situation doesn’t improve quickly.
That projection is still subject to change, and an Oct. 15 report from Gov. Scott Walker’s administration could give a clearer picture about whether a repair bill is needed, the Legislative [...]
Republican Gov. Scott Walker got a bunch of bad news earlier today, as his administration announced tax collections for the fiscal year that ended in June were $281 million less than Walker’s administration had anticipated, leaving the biennial budget on pace for a $115 shortfall.
Walker’s administration also announced on Friday that private sector job [...]
I guess now we know why Gov. Scott Walker was so nervous about the roughly $25 million casino payment the Potawatomi Tribe withheld this week. State tax collections fell short of expectations by $281 million last year, providing potential difficulties in the future for the state budget and immediate fodder for this fall’s tight governor’s [...]
This tweet sums up what I’m wondering about Wisconsin’s reserve funds.
Same day: GovWalker says WI has "limited reserves" AND "nearly a billion dollar in surplus." Which is it?! #wiunion pic.twitter.com/Rfe9Bbq91h
— Mary Erpenbach (@MaryErpenbach) August 28, 2014
On Tuesday it was reported the Forest County Potawatomi tribe, the operators of a casino/hotel in Milwaukee, are withholding their $25 million casino fee to the state as part of an ongoing brouhaha over the Menominee tribe’s proposed off-reservation casino/hotel in Kenosha. Gov. Walker was supposed to make a decision on whether to approve or [...]
As reported by Patrick Marley of the Milwaukee Journal Sentinel, Gov. Scott Walker’s administration has committed to paying nearly $1.7 million to four private companies for their assistance in determining whether the state should sell heating and cooling plants and other state-owned properties. Studying the issue is expected to cost even more. The state is [...]
On the heels of last week’s news that the state’s tax collections were lagging behind projections comes news the state of Wisconsin will spend $559 million more out of its main account next year than it is expected to take in, according to a report from the nonpartisan Legislative Fiscal Bureau.
Predictably, Gov. Scott Walker’s [...]
This latest bad news is exactly why Republican Gov. Scott Walker and his allies in the Republican-controlled legislature should have been more fiscally responsible instead of giving out a $500 million tax cut that primarily benefited the wealthy and big corporations. State tax collections are lagging both last year’s figures and expectations for this year, [...]