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In its Jan. 31 memo to legislators on the condition of the state’s budget, the Fiscal Bureau determined that the state will end the year with a balance of $121.4 million.
To the extent that there is an imbalance -- Walker claims there is a $137 million deficit -- it is not because of a drop in revenues or increases in the cost of state employee contracts, benefits or pensions. It is because Walker and his allies pushed through $140 million in new spending for special-interest groups in January. If the Legislature were simply to rescind Walker’s new spending schemes -- or delay their implementation until they are offset by fresh revenues -- the “crisis” would not exist.
The Fiscal Bureau memo -- which readers can access at legis.wisconsin.gov...&Darling.pdf -- makes it clear that Walker did not inherit a budget that required a repair bill.
The facts are not debatable
In this subdivision, “locates to this state” means moving either 51 percent or more of the workforce payroll of the business or at least $200,000 of wages...