Monday, December 15, 2008

Wisconsin Taxpayers Alliance Offers an Antidote to Fear-Mongering

Link to December 13 Wisconsin State Journal editorial.

Wisconsin's projected budget deficit is actually a large but manageable $1.25 billion -- not the frightening $5.4 billion that has caused consternation at the Capitol and around the state.

That conclusion offers a useful, attitude-adjusting way for Gov. Jim Doyle, state lawmakers and taxpayers to approach the 2009-2011 budget.

Granted, the $5.4 billion figure Doyle revealed last month is accurate -- but only if you agree that lawmakers should follow through with all the spending increases expected.

If you say, "Stop! Let's freeze spending at current levels," the deficit shrinks to $1.25 billion, according to the Wisconsin Taxpayers Alliance.

Wisconsin Taxpayers Alliance analysis found here.

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