Over the course of the past year, Wisconsin families and businesses have been confronted with the most challenging economic climate in generations. After inheriting a record budget deficit and a bleak economic outlook, Assembly Democrats acted quickly and made the difficult decisions necessary to balance the state’s budget on time and lay the groundwork necessary to get Wisconsin back on track. In the face of a $6.6 billion budget deficit and a record $3 billion in spending cuts, Assembly Democrats demonstrated their commitment to both stabilizing and growing our economy by authorizing over $200 million worth of new job creation incentives.

We are already seeing the dramatic impact that these job creation incentives have had at Mercury Marine, Oshkosh Truck and Morgan Aircraft, among many others.

However, challenging times call for creative measures, and passing a tough budget was merely one of the first steps along our road to recovery. Our response to the economic downturn requires both immediate action and long-range, strategic planning.

With that in mind, Assembly Democrats are creating a long-term, bipartisan partnership with members from the business community, economic development professionals, educators, organizations on the front-line of worker training and a select group of members from the State Assembly. This is truly a new way of doing business in Wisconsin.

  
Last updated: 09/15/2010  

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