Legislative Fiscal Bureau: Wisconsin could need budget repair bill

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 Fiscal Bureau found in its latest memo

Last week, the Walker administration reported that state tax collections fell short of expectations by $281 million last fiscal year.

Now remember, Scott Walker was elected governor in 2010 largely on the strength of his argument that he could put Wisconsin’s fiscal house in order, so the fact that we’re now facing the prospect of yet another budget repair bill during Walker’s first term in office belies his acumen in regards to balancing Wisconsin’s state budget.

Share:

Related Articles

2 thoughts on “Legislative Fiscal Bureau: Wisconsin could need budget repair bill

  1. Yeah, well, anyone who did a two-minute study of Walker’s time as county executive knew that he had a limited toolbox when it came to managing budgets of cuts, privatization, obfuscation, and special deals. Sometimes you suck it up and vote for the poor campaigner but the quite decent centrist mayor instead of righteously proclaiming that the candidate doesn’t hold enough Progressive positions nor is exciting enough. Thank god Burke knows finance and management. She’ll have her work cut out for her and you know that the right-wing narrative will be to pin it all on her much like Iraq is now Obama’s fault.

    Any word on whether the police and firefighter groups will continue to support Walker? The writing has to be on the wall for them with Sen. Darling’s comments late last year.

  2. Lets see. The state didn’t keep enough of our money to spend how they think our money should be spent.

    The idea of a budget is to first look at the money that has to be spent, where there is no other options, needs.

    Then you can add in discretionary items according to the wants that you can afford. Key word wants.

    Seems like some people budget the other way around. Figure out their needs and wants. To start the budget. Then figure out how much their going to make other people pay for what they decide is right. And then keep any money that might not be spent in case they come up with other wants to finish off the surplus.

Comments are closed.