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 ending June has risen to $396 million — or about 1.2% of the spending planned for the 2013-’15 budget.
The Republican governor resolved a more than $3 billion budget shortfall in the months after taking office, but the latest projections show the state is running through the resulting surplus. The state is again facing a gap in the 2015-’17 budget because of tax cuts enacted by Walker and lawmakers and lagging growth in other state taxes in recent months.
The myth of Scott Walker as a budget hawk should be dead just about now, dontcha think?
Ummm no. The current budget has a surplus and the next will be balanced or have a surplus. Do you need help understanding how budgets work Zach?
No Steve- the current budget goes through June 30, 2015 and is at least $400 million in the hole. And that’s based entirely in low revenues due to stupid GOP tax cuts. PERIOD.
You don’t get to make things up to spin out of this. That ignorant garbage may work in bubble-world, but not the real one.
Taxes are not capped, meaning you can pay more of you’d like. If you think tax cuts are “stupid” I would assume that you would act on your beliefs and pay the old rates as well as surrendering your tax return this year back to the State.
Are you willing to act on your beliefs or are they just words?
What are you, 5 years old?
Tell you what, you pay me $500,000 to take care of my bills and my house, and we’ll talk. Otherwise SHUT IT, you pathetic child.
Ladies and gentlemen, your Republican Party! Whiny, limited adolescents who can’t see more than 2 feet past their noses! Never let these dopes in power again. And we wonder why people like Billy live mediocre lives in mediocre places.