How is any part of Walker’s economic strategy working with job losses for 6 months straight and tax revenues plummeting? « Larry Miller's Blog: Educate All Students!

How is any part of Walker’s economic strategy working with job losses for 6 months straight and tax revenues plummeting? « Larry Miller's Blog: Educate All Students!:

How is any part of Walker’s economic strategy working with job losses for 6 months straight and tax revenues plummeting?

by millerlf

Projected Wisconsin budget deficit generates criticism

The Business Journal Date: Thursday, February 9, 2012

A Wisconsin report predicting a $143.2 million deficit when the state’s two-year budget expires is generating a stir of statements from Democrats criticizing Gov. Scott Walker.

The state prepares annual projections on whether taxes and other sources of money will be enough to pay off the spending approved in the current budget. An October 2011 report predicted a $72.7 million surplus, but since then projected tax collections have dropped by $272.8 million. Combined with other decreases in anticipated