Thursday, March 10, 2011

Walker and the Wiscon Repubs created the Wiscon deficit problem

The Fiscal Bureau of Wisconsin (equivalent to the Congressional Budget Office) estimated in a January memo to state legislators that Wisconsin would end this year with a $121 million SURPLUS, not a deficit. That is it would have had a surplus until the Republican legislature and Walker pushed through $140 million in spending that primarily benefited conservative special-interest groups including some tax incentives to employers that are not expected to spur any new hiring and tax cuts for rich people who have private health savings accounts. In other words, to the extent that Wisconsin has a deficit problem (and it may not have much of one at all), Walker and the Republicans CREATED the problem. Could it be they saw the opportunity to create an excuse to eliminate public employee unions? You betcha. Talking Points Memo has the scoop here: 

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