May 1, 2013
Madison – Senator Chris Larson (D–Milwaukee) released the following statement today in response to the Legislative Audit Bureau’s findings on Governor Walker’s Wisconsin Economic Development Corporation (WEDC).
“This audit confirms what legislative Democrats and concerned citizens have been saying from the beginning. By refusing to adopt commonsense accountability and transparency amendments proposed by Democrats, Republicans doomed the hastily-created WEDC to fail.
“The revelations made in the report are nothing short of shocking. According to the audit, WEDC provided awards to ineligible recipients, for ineligible projects, and for ineligible amounts. WEDC didn’t even track half what its staff was buying with agency credit cards.
“Losing track of taxpayer dollars during difficult economic times is unacceptable. We cannot allow WEDC to continue this fraud, waste and abuse at a time when neighborhood schools aren’t able to spend a single new dollar in the classrooms and 90,000 Wisconsinites are being cut from BadgerCare.
“Until accountability and transparency measures are enacted, no new taxpayer dollars should be wasted at WEDC.”