WI Gov.-elect Scott Walker to inherit projected $3.3 billion budget deficit

Madison Examiner ^ | 11/24/2010 | Paul Neuberger

[Republican Wildcat]

Wisconsin Gov.-elect Scott Walker was the recipient of the unwelcome news that he will be inheriting a projected budget deficit as high as $3.3 billion over the next two years. Last week, the Wisconsin Department of Administration (DOA) published a report announcing there would be a $1.5 billion gap between state revenue and state spending through June 30, 2013. It appears that the news is much grimmer than that, however.

Continue reading on Examiner.com: WI Gov.-elect Scott Walker to inherit projected $3.3 billion budget deficit - Madison Political Buzz | Examiner.com http://www.examiner.com/political-buzz-in-madison/wi-gov-elect-scott-walker-to-inherit-projected-3-3-billion-budget-deficit#ixzz1ESAsIXFT

[kcvl]

Here’s how it happened: in 1999, Wisconsin’s Legislature decided that state employees needed better retirement benefits, so we made those benefits richer at a cost of $4 billion.

http://webcache.googleusercontent.com/search?q=cache:67rJOV4aDQUJ:www.newnorth.net/~micro/Lasee’s%2520Notes,%25208-22-02.htm+Wisconsin+unfunded+liability&cd=10&hl=en&ct=clnk&gl=us&client=safari&source=www.google.com

[abner]

Hey, I think FR should think about a ‘like’ button.

[MediaMole]

Some fact checking from Politifact -- done by the liberal Milwaukee Journal Sentinel, no less.

Maddow on the "surplus." FALSE

Ed Schultz: State employees will lose 20% of their pay. FALSE

Walker threatens to call out the National Guard on protesters. Pants on Fire.

[Republican Wildcat]

Anymore I end up looking to click on it when I see a comment someone makes that I like...LOL.

There was at one time a “like” button for article, though...but that was brief and I guess they decided to scrap that feature.

[dixiechick2000]

*like* with a thumb’s up

;o)

[painter]

I like that idea.