State Rep. Lisa Subeck
Press Release

$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."

By - Aug 17th, 2017 11:11 am

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.”

More about the Foxconn Facility

Mentioned in This Press Release

Recent Press Releases by State Rep. Lisa Subeck

Representative Subeck Statement on Governor’s Comments on School Safety

"Republicans have failed to act to prevent gun violence and to keep our schools and public spaces safe."

Republicans Pander to Big Business Lobby, Leaving Local Communities Behind

"Democrats continue standing up for the regular folks in our local communities..."

Republicans Sell Out to Predatory Rent-To-Own Industry, Leaving Consumers to Literally Pay the Price

"Republicans have sold out to the predatory rent-to-own industry, leaving Wisconsin consumers to literally pay the price."

Leave a Reply

You must be an Urban Milwaukee member to leave a comment. Membership, which includes a host of perks, including an ad-free website, tickets to marquee events like Summerfest, the Wisconsin State Fair and the Florentine Opera, a better photo browser and access to members-only, behind-the-scenes tours, starts at $9/month. Learn more.

Join now and cancel anytime.

If you are an existing member, sign-in to leave a comment.

Have questions? Need to report an error? Contact Us