pandorazmtbox wrote:
There was a budget surplus in Wisconsin, prior to the governor instituting some corporate tax cuts (to the tune of 140 million dollars). Walker (the governor) then announced a budget crisis, and submitted a proposal that would have the public employees' benefits cut (to the tune of $137 million)--especially those of the unionized employees, some of whom would suffer a 12% decrease in benefits. Just to be clear, these are the teachers who have helped Wisconsin education to be ranked 2nd among the 50 states.
Salon.com articleThe confusion, it appears, stems from a section in Lang’s memo that -- read on its own -- does project a $121 million surplus in the state’s general fund as of June 30, 2011.
But the remainder of the routine memo -- consider it the fine print -- outlines $258 million in unpaid bills or expected shortfalls in programs such as Medicaid services for the needy ($174 million alone), the public defender’s office and corrections. Additionally, the state owes Minnesota $58.7 million under a discontinued tax reciprocity deal.
The result, by our math and Lang’s, is the $137 million shortfall.
See here's the problem: This guy gave corporation tax CUTS at a time that their budget was dangerously stretched (and if he was really on top of his job he'd know how much money was owed in total).
This only shows how much gov. officials have become sock puppets for anyone that can shove enough money or political favor up their sphincters .
Personally, i'm all for Wisconsin people to revolt and run that governor out of the state. It'd start our own revolution against the Plutarchy.