Statement from Rep. Barca on New Fiscal Analysis of Proposed Foxconn Deal

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. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.