$3 Billion Foxconn Boondoggle Sells Out Wisconsin’s Future to Foreign Corporation
"Plainly and simply, the Foxconn giveaway is a bad deal for the people of Wisconsin."
MADISON – Representative Lisa Subeck (D-Madison) released the following statement regarding today’s upcoming vote on Special Session Assembly Bill 1, which provides a $3 billion subsidy to the Taiwanese company, Foxconn.
“Governor Walker and Republicans are poised to hand over $3 billion in corporate welfare and roll back laws that protect our environment in an attempt to woo a foreign company with a spotty track record to our state.
Plainly and simply, the Foxconn giveaway is a bad deal for the people of Wisconsin. With its unprecedented $3 billion price tag under which, even in the best-case scenario, Wisconsin taxpayers will not break even until 2043, the cost is just too high.
Imagine how $3 billion could be used to fund neighborhood schools, higher education, vital infrastructure, or health care for our most vulnerable residents. This bad deal makes it crystal clear that Governor Walker and Republicans in the Legislature are willing to sell out Wisconsin’s future to a foreign corporation.”
Recent Press Releases by State Rep. Lisa Subeck
On Women’s Equality Day, Representative Lisa Subeck Calls for End to Republican Roll-Backs of Women’s Rights and Voting RightsAug 25th, 2017 by State Rep. Lisa Subeck
"I look forward to the day when women are truly equal."
Representative Lisa Subeck Calls on Joint Finance Committee Co-Chairs to Focus on Budget, Prioritize People over ProfitsAug 22nd, 2017 by State Rep. Lisa Subeck
"Wisconsin Republicans have failed to put people first, punting on issues of funding for education, fixing our roads, and more."
Representative Lisa Subeck Appointed to Executive Board of the Women’s Legislative Network of National Conference of State LegislaturesAug 8th, 2017 by State Rep. Lisa Subeck
"I look forward to advancing the network's mission of promoting the participation, empowerment, and leadership of women legislators."