Ryan departure leaves Foxconn future in question
Foreign corporation had banked on special favors from Ryan, Priebus and Walker
MADISON – The retirement of Speaker Paul Ryan, combined with Gov. Scott Walker’s uncertain political future and the earlier ouster of Reince Priebus from Trump’ White House, is once again raising questions about the future of Foxconn in Wisconsin. The Taiwan-based electronics manufacturer had already been dogged by a history of unfulfilled job announcements and broken promises. Now, the departure of another high-ranking Republican backer of massive tax breaks for the foreign corporation is creating more uncertainty for state taxpayers.
“Wisconsin families who are on the hook for this $4.5 billion corporate giveaway are nervous,” said Senate Democratic leader Jennifer Shilling (D-La Crosse). “Are we going to spend millions of dollars only to have the rug pulled out from under us by a foreign corporation with a record of broken promises?”
Foxconn’s reputation for abandoning projects and failing to deliver on thousands of promised jobs has been well documented. Development plans by Foxconn in places like Pennsylvania, Indonesia, India, Vietnam and Brazil all failed to materialize or meet promised expectations.
“It’s clear that the $4.5 billion Foxconn gamble has become an albatross instead of the golden goose Republicans thought it would be,” added Shilling. “Hardworking families are concerned that billions of dollars are being taken from our local schools, roads and communities to subsidize a foreign corporation with a terrible track record of workplace abuses, toxic pollution and broken promises. With Speaker Ryan’s departure, the risk to taxpayers is likely to increase exponentially.”
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
Recent Press Releases by State Sen. Jennifer Shilling
Shilling Will Not Seek Re-election
Apr 2nd, 2020 by State Sen. Jennifer ShillingAfter 20 years of service, Democratic Leader looks to chart a new course
Oh God let us hope Walker’s FoxCON fiasco can be stopped. We simply cannot afford more taxes for corporate welfare to subsidize a Taiwainese billionaire’s company. Please, we must vote Walker out in November and put an end to this 4.5 Billion dollar republican boondoggle!! We could’ve had 18,000 homegrown jobs and 200 million annually in new tax revenue just by listening to the solid majority of Wisconsinite’s who demand cannabis be re-legalized, all for a few hundred grand in build out while saving millions on prisons and criminalization. Let’s embrace the FREE market not the BLACK market anymore. We need jobs and businesses up north, not more Corporate Welfare for foreign companies!
Dump Walker 2018
Legalize cannabis!