Statement from Rep. Barca on New Fiscal Analysis of Proposed Foxconn Deal
"I’m extremely concerned about the cost to Wisconsin taxpayers."
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.
More about the Foxconn Facility
- With 1,114 Employees, Foxconn Earns $9 Million in Tax Credits - Joe Schulz - Dec 13th, 2024
- 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
Read more about Foxconn Facility here
Mentioned in This Press Release
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Statement from Rep. Barca on the Assembly Passage of Foxconn Bill
Aug 17th, 2017 by State Rep. Peter Barca"Along with my Democratic colleagues, I’ll work tirelessly to make this a better deal."
