Statement from Rep. Barca on New Fiscal Analysis of Proposed Foxconn Deal
"I’m extremely concerned about the cost to Wisconsin taxpayers."
Madison – Assembly Democratic Leader Peter Barca (D – Kenosha) issued the following statement today regarding the new analysis by the Legislative Fiscal Bureau of the proposed Foxconn deal:
“I’m extremely concerned about the cost to Wisconsin taxpayers. The fiscal analysis released today creates new questions on the state’s cash flow and on the state’s ability to ensure a good return on investment for taxpayers. This is why my Democratic colleagues and I have called on Speaker Vos and Gov. Walker to slow this process down and fully involve the Joint Finance Committee, including a public hearing. We need more time to thoroughly vet the specifics of this deal and to ensure more work for Wisconsin contractors, suppliers and small businesses, as well as new good-paying jobs for Wisconsin workers. I am working with other Democrats in the caucus now to draft amendments to the bill, and I hope that the Republicans are open to these common-sense amendments.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
More about the Foxconn Facility
- Foxconn Will Get State Subsidy For 2022 - Joe Schulz - Dec 11th, 2023
- Mount Pleasant Approves Microsoft Deal on Foxconn Land - Evan Casey - Nov 28th, 2023
- Mount Pleasant Deal With Microsoft Has No Public Subsidies - Evan Casey - Nov 14th, 2023
- Microsoft, State Announce Massive Data Center Expansion, Land Purchase - Joe Schulz - Nov 11th, 2023
- Gov. Evers Announces Microsoft Makes Major Investment in Wisconsin - Gov. Tony Evers - Nov 10th, 2023
- State Can’t Regulate We Energies $100 Million Project for Microsoft - Joe Schulz - Sep 20th, 2023
- Foxconn Selling Green Bay, Eau Claire ‘Centers’ - Joe Schulz - Aug 16th, 2023
- Murphy’s Law: Foxconn Deal Is Still Costing Taxpayers - Bruce Murphy - Jul 6th, 2023
- Microsoft Will Pay $50 Million For Mount Pleasant Data Center Site - Evan Casey - Apr 20th, 2023
- Microsoft Data Center Proposed for Foxconn Land - Evan Casey - Mar 29th, 2023
Read more about Foxconn Facility here
Mentioned in This Press Release
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Statement from Rep. Barca on the Assembly Passage of Foxconn Bill
Aug 17th, 2017 by State Rep. Peter Barca"Along with my Democratic colleagues, I’ll work tirelessly to make this a better deal."
