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MADISON (AP) — Gov. Scott Walker's administration says new revenue projections show the state will finish the 2011-2013 biennium with a $154.5 million surplus.
The nonpartisan Legislative Fiscal Bureau estimated in February the state would finish the two-year period with a $143 million deficit. But Department of Administration Secretary Mike Huebsch wrote in a letter to Walker today that personal income growth has been stronger than anticipated and the state now expects to collect $265 million more in taxes than the Legislative Fiscal Bureau expected.
The developments are good news for Walker, a Republican who faces Democrat Tom Barrett in a June 5 recall election. Democrats are trying to oust Walker from office as payback for proposing a contentious law stripping most public workers of nearly all their union negotiating powers.
Walker, in a desperate gambit to keep his job, Walker suddenly figured out that the state is allegedly on course for a supposed $143 million surplus next year.
Yeah, I was skeptical, but it wasn’t until I received this statement from Team Barrett that things clicked into place:
“While Walker and his right wing allies gives themselves high-fives, the people of Wisconsin should know these numbers are built on sand. Almost half of this amount comes from delaying payments that will ultimately cost taxpayers more in interest. And these figures ignore the significant shortfall in the state’s health programs. If there is any extra money, Walker needs to explain if he will return any of the $25 million he raided from victims of the home foreclosure crisis, or the $105 million he added to the cost of college through increased fees, or reverse the taxes he raised on seniors and low-income people.” http://www.thedailycall.org/?p=20488
Yikes. Raping people on taxes and being dead last in the nation for job creation? That's the staple of what happens with far right wing politics.
"In Chief Executive’s eighth annual survey of CEO opinion of Best and Worst States in which to do business, Texas easily clinched the No. 1 rank, the eighth successive time it has done so. California earns the dubious honor of being ranked dead last for the eighth consecutive year...It may be no accident that most of the states in the top 20 are also right-to-work states, as labor force flexibility is highly sought after when a business seeks a location. Several economists, most notably Ohio State’s Richard Vedder and Harvard’s Robert Barro, have found that the economies in R-to-W areas grow faster than other states, have higher employment and attract more inward migration. Governor Scott Walker’s battle with the unions in Wisconsin (See “Will Wisconsin Rise Again?”), a state that edged into the top 20 this year for this first time, demonstrates that the struggle for a pro-growth agenda can be contentious. As one Badger State business leader remarked, “Finally, Wisconsin is headed in the right direction.”
The entire list and how they have risen or dropped since the previous year is here:
By now, according to Walker’s stated goal, Wisconsin should have seen roughly 80,000 jobs created.
Instead, since the governor took office, only 5,900 private-sector jobs have been developed. Wisconsin has one of the worst job-creation records in the nation; indeed, it has frequently led the nation in monthly job losses.
The most recent monthly survey — for March — saw Wisconsin lose another 4,300 private-sector jobs.
If Wisconsin continues to shed private-sector jobs at this rate, there is a very real prospect that the state will be a net job loser during Walker’s term by the time the gubernatorial recall election rolls around on June 5.
Odd this thread is about a budget surplus and folks are howling about jobs? Hell the way you folks defend the great orator one would think you would be happy if walker didn't hit his goals for job growth. Remember the unemployment rate would never go above 8% if we pass the stimulus and all?? I guess only Obama gets a pass on that from left handers. lol
THE WISCONSIN BOOM
STATE ECONOMY SOARS AFTER COLLECTIVE BARGAINING FIGHT
Wisconsin has pulled back from the brink of fiscal insolvency after Governor Scott Walker’s collective bargaining and budget reforms, despite doomsday warnings of fiscal disaster.
Neighboring Illinois, whose Democratic governor opted for tax hikes, has not fared as well.
Unemployment has dropped from 7.7 percent to 6.8 percent since Walker took office.
MADISON (AP) — Gov. Scott Walker's administration says new revenue projections show the state will finish the 2011-2013 biennium with a $154.5 million surplus.
The nonpartisan Legislative Fiscal Bureau estimated in February the state would finish the two-year period with a $143 million deficit. But Department of Administration Secretary Mike Huebsch wrote in a letter to Walker today that personal income growth has been stronger than anticipated and the state now expects to collect $265 million more in taxes than the Legislative Fiscal Bureau expected.
The developments are good news for Walker, a Republican who faces Democrat Tom Barrett in a June 5 recall election. Democrats are trying to oust Walker from office as payback for proposing a contentious law stripping most public workers of nearly all their union negotiating powers.
Liberals, of course, would prefer insolvency, rather than fiscal responsibility. I am sure that the Wisconsin voters will recognize that sanity is being restored and reject the liberal agenda.
The bad news for libs? Given the success in Wisconsin, such measures will spread to other states.
Lefties are too far gone to see anything positive from Walker. All they see is KOCH!!! AAAAAAaaaaaaaaaaaaaaaaaa!!!!
That's the truth. Their brains are so fried they can't see what's right in front of them. It's amusing, really.
Quote:
Originally Posted by KUchief25
Shhhsh. Don't spoil the fun. Let the Walker haters keep coming up with more and more nonsense.
They come along quoting garbage from the daily kos.............and they continue to wonder why we laugh at them.
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