Saturday, December 20, 2014
Wisconsin's 2015-17 cost-to-continue bucket's got a hole in it -- to the tune of $824,000,000
According to this latest memo from Legislative Fiscal Bureau. (Funny how this type of report always seems to be released on a Friday.)
A starting point of trust.
Opening balance as of the end of FY2014-15: -$132,000,000. The LFB erases this amount as staff assumes "that any potential deficit will be addressed". So in reality, the looser sphere on which we live, the total shortfall appears to be $956,000,000. But then I'm no expert in financial accounting.
Page 2 of the 2-page memo.
2015-17 legislative session posts:
Tax cuts?? Presidential campaign?? (11/24/2014)
After the election, Walker shares the specifics of moving Wisconsin forward. (11/15/2014)
Republican legislative agenda as reported by the Journal Sentinel. (11/10/2014)
Continuing to bend over for the Koch Brothers is a different position? (11/10/2014)
Dear Senator Fitzgerald: Better for whom? (11/7/2014)
Wisconsin's Republican legislative leaders say "meh" to job creation. (11/7/2014)
Meet Mary "No Theatrics Here" Lazich, newly elected Wisconsin State Senate President. (11/7/2014)
A giddy Robin Vos announces his legislative agenda. (11/5/2014)
Take note as the arrogant, selfish Scott Walker contradicts himself. (11/5/2014)
Scott Walker keeps a promise not to make a promise. (11/5/2014)