Capital times Excerpt:
To the extent that there is an imbalance -- Walker claims there is a $137 million deficit -- it is not because of a drop in revenues or increases in the cost of state employee contracts, benefits or pensions. It is because Walker and his allies pushed through $140 million in new spending for special-interest groups in January. If the Legislature were simply to rescind Walker’s new spending schemes -- or delay their implementation until they are offset by fresh revenues -- the “crisis” would not exist.
The Fiscal Bureau memo -- which readers can access here -- makes it clear that Walker did not inherit a budget that required a repair bill.
The facts are not debatable.
Because of the painful choices made by the previous Legislature, Wisconsin is in better shape fiscally than most states.
Wisconsin has lower unemployment than most states.
Wisconsin has better prospects for maintaining great schools, great public services and a great quality of life than most states, even in turbulent economic times.
Unfortunately, Walker has a political agenda that relies on the fantasy that Wisconsin is teetering on the brink of bankruptcy.
Walker is not interested in balanced budgets, efficient government or meaningful job creation.
Walker is interested in gaming the system to benefit his political allies and campaign contributors.
To put the $140 million Walker and his partisan henchmen spent into proper perspective, it would have paid for over 20 years of the operational expenses for the train he said we couldn't afford. Just to payback his cronies, he turns down an $810 million capital injection into the state. Let's not even think about the added intangible economic activity that the train would have carried into the state.
Scott Walker's Manufactured Crisis
The Wisconsin budget is $3.6 billion in deficit according to Governor Scott Walker. We are in crisis! 200,000 children will be kicked off of Badger Care and 6,000 employees will be laid off! Call the National Guard! Dissolve the unions!
But are we really in that severe of a financial crisis? Check out what Wisconsin State Rep. Mark Pocan has to say about that.
Related: Walker Inflates Budget Deficit To $3.6 Billion