Madison – The CPA Caucus announced today that it appears Wisconsin has seen the first decrease in Wisconsin's GAAP deficit since 2004. The decrease is largely attributed to the payment of liabilities from the patient compensation fund paid off by Gov. Walker and the legislature last year. In addition to virtually eliminating Wisconsin's $3.6 billion structural deficit, it is encouraging that Wisconsin is moving in the right direction by reducing the GAAP deficit as well. The CPA Caucus believes it is critically important that AJR 100, which is before the Assembly tomorrow, passes to ensure that the GAAP deficit remains on a downward trajectory.
The CPA Caucus is comprised of four CPAs in the State Assembly: Rep. Kapenga (R-Delafield), Rep. Klenke (R-Green Bay), Rep. Kooyenga (R-Brookfield) and Rep. Marklein (R-Spring Green).