WI reports with increased state fiscal health, due to Gov. Walker removing regulations, decreasing spending, and destroying unions. This resulted in a increased state income without increasing taxes. It probably helped deliver the state for Trump.
Did Trump offer Walker a position on the cabinet?
Wisconsin's budget picture gets $714 million brighter
Did Trump offer Walker a position on the cabinet?
Wisconsin's budget picture gets $714 million brighter
Quote:Quote:
Wisconsin's biennial budget picture got $714 million brighter Wednesday, with a projected deficit turning into a small surplus, according to the nonpartisan Legislative Fiscal Bureau.
Fiscal bureau director Bob Lang reported tax revenues are expected to be $455 million higher than what the Department of Administration projected in November. Also, spending in the current fiscal year that ends June 30 is expected to be $226 million lower — largely due to lower-than-expected Medicaid enrollment — and other revenues are expected to be $33 million higher.
That turns what was thought to be a $693 million deficit for the upcoming budget into a $21 million surplus, including all departmental budget requests.
It also adds more cushion to the state's bottom line as it closes out the 2015-2017 budget cycle. Previously the net balance was about $40 million. The latest estimate has the state closing out the year with a $362.2 million ending balance.
The additional revenue helps explain why Gov. Scott Walker has been able to promise several additional spending proposals in his upcoming 2017-2019 budget proposal, such as a "significant increase" for K-12 schools, a University of Wisconsin tuition cut back-filled with state taxpayer dollars and $100 million more for local roads and rural broadband.
I am afraid that women appreciate cruelty, downright cruelty, more than anything else. They have wonderfully primitive instincts. We have emancipated them, but they remain slaves looking for their masters all the same. They love being dominated.
--Oscar Wilde