GOP raids transportation fund for Foxconn (again)
Diversion of road funding delays completion of statewide road projects
MADISON, WI – After earlier reports exposed Republican plans to divert up to $90 million from state highway maintenance to fund Foxconn related projects, the Walker administration is doubling down on their transportation fund raid to subsidize the massive foreign corporation. Republican lawmakers on the Joint Finance Committee voted to shift millions more in transportation funds to projects associated with the Foxconn site rather than addressing the state’s massive backlog of road rehabilitation projects.
“It seems like every day, Republicans come up with a new scheme to shift more taxpayer dollars to Foxconn at the expense of local schools, roads and businesses across our state,” said Senate Democratic Leader Jennifer Shilling. “Families and businesses in Wisconsin are furious that our roads are among the worst in the nation. The condition of our state highways are a national embarrassment. It’s costing everyone more in car repairs and traffic delays, not to mention the ongoing risk drivers face when traveling over dangerous roads and bridges.”
“Foxconn is the posterchild for everything that the public detests about corporate tax giveaways,” added Shilling. “Republicans are selling out Wisconsin families in order to funnel billions of state taxpayer dollars to a foreign corporation with a terrible track record of workplace abuses and broken promises. Rather than delaying projects and diverting more transportation dollars to Foxconn, we should be working toward a long-term funding solution to fix Wisconsin’s crumbling roads, highways and bridges.”
Foxconn is the largest state taxpayer giveaway to a foreign corporation in U.S. history. In less than a year, the public cost of this project has increased from an original estimate of $3 billion to over $4.5 billion.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
More about the Foxconn Facility
- Mount Pleasant, Racine in Legal Battle Over Water After Foxconn Failure - Evan Casey - Sep 18th, 2024
- Biden Hails ‘Transformative’ Microsoft Project in Mount Pleasant - Sophie Bolich - May 8th, 2024
- Microsoft’s Wisconsin Data Center Now A $3.3 Billion Project - Jeramey Jannene - May 8th, 2024
- We Energies Will Spend $335 Million on Microsoft Development - Evan Casey - Mar 6th, 2024
- 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
Read more about Foxconn Facility here
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