Under Gov. Walker, Wisconsin seeing red
New LFB projections show $143 million state budget shortfall
MADISON – Assembly Democratic Leader Peter Barca (D-Kenosha) issued the following statement regarding projections released today by the non-partisan Legislative Fiscal Bureau showing Wisconsin will end the 2011-2013 biennium with a $143.2 million budget deficit:
“This news illustrates how Gov. Walker’s irresponsible budgeting and lack of serious focus on jobs and the economy have left Wisconsin fiscally unsound and caused us to fall farther behind on the road to economic recovery.
“The evidence is clear – Gov. Walker’s economic plan is not working. Massive giveaways to large corporations and wealthy special interests, extreme policies that have harmed Wisconsin working families and six straight months of job losses have all added up to the poor budget projections we see today. When people are not working and not spending because of Republican priorities, the state is going to see a drop in revenues.
“No matter how the governor tries to spin this, a negative budget balance that requires repair is not a positive outcome for Wisconsin.”
###