Debt. Debt. And more Debt.
Senate Republicans propose more credit card spending, tax breaks for millionaires
MADISON – With funding for schools and road projects in jeopardy, Senate Republicans are poised to announce a plan for more state borrowing that already appears dead on arrival. With a state budget more than two weeks overdue, Senate Democratic Leader Jennifer Shilling (D-La Crosse) released the following statement:
“It is completely irresponsible for Republicans to continue racking up credit card debt while expanding tax breaks for millionaires. I can’t imagine why anyone would support a budget that prioritizes tax breaks for 11 millionaires over funding for our local schools and roads. Working families are tired of the Republican dysfunction that is paralyzing our government from the federal level down to the state.
“Rather than more tax breaks for the rich, we should be making our schools whole. Rather than more borrowing and record debt payments for roads, we should be making long-term investments in our infrastructure. It’s time to eliminate tax breaks for companies that outsource jobs, get back to our Wisconsin values and pass a budget that actually invests in the future of our state.”
Gov. Walker introduced his state budget proposal more than five months ago. Despite having total control of the statehouse and Governor’s office, Republican infighting has prevented progress for weeks. The budget-writing Joint Finance Committee hasn’t met publicly since June 15th. Their failure to complete a budget by the state’s July 1st budget deadline has created uncertainty for Wisconsin schools, families and communities.