Rep. Taylor’s statement on Walker’s budget deficit
Latest Fiscal Bureau analysis shows $283.4 million deficit
MADISON – Today, the non-partisan Legislative Fiscal Bureau (LFB) released a memo indicating that the state budget will finish the fiscal year ending on June 30, 2015 with a $283.4 million deficit, which is more than three times the trigger for a budget repair bill. Assembly Democratic ranking member of the state budget committee, Rep. Chris Taylor, (D-Madison) released the following statement about Governor Walker’s budget problem:
“Today’s memo by the non-partisan LFB reveals the failed Walker policies of unfunded tax giveaways to the rich and corporations created a fiscal crisis for our state. Walker and his Republican colleagues have again and again voted to give more money to special interests and the super-wealthy over middle-class families. In doing so, unlike other state’s that have budget surpluses, they have turned our state’s budget surplus into a deficit.
“Now, it appears Walker may use his failure as an excuse to cut funding for the UW System and our public schools, the very tools that our children need to thrive. We need the Republican leaders in this state to abandon Walker’s harmful agenda and focus on restoring economic opportunities for hard-working Wisconsin families.
“Walker and legislative Republicans now need to answer to the people of the state by calling for a budget repair bill so we can start fixing their mess.”