MacIver News – State lawmakers are demanding an audit of Wisconsin’s Public Finance Authority (PFA) following a report in the Wall Street Journal that it is responsible for selling the riskiest municipal bonds in the country. Read More National Spotlight Leads To Audit Request Of PFA
By M.D. Kittle – As the Legislature’s Joint Finance Committee nears the end of budget-writing season, Capitol insiders tell MacIver News Service there is a push to bring back two controversial measures declared dead in the last legislative session. Read More Watch Out: Sources Say Big Gov Bills On Shadowy PFA And Wedding Barn Crackdown In The Offing
By M.D. Kittle – A graduated revenue shift could raise a half billion dollars annually — and nearly $5 billion total over 15 years — for Wisconsin transportation projects, according to a memo from the nonpartisan Legislative Fiscal Bureau. Read More Sanfelippo Plan Could Be Big Boost To Transportation Budget – But At Cost To Big Government
By M.D. Kittle – Tony Evers, Wisconsin’s education chief and Democratic candidate for governor, holds investments in a shadowy, quasi-public “bonding house of last resort” that has come under scrutiny from lawmakers and federal agencies, according to ethics documents. Read More Evers Holds Investments in Shadowy Bond Issuer PFA, Documents Show
By M.D. Kittle – There will likely be no legislative audit of a shadowy, quasi-public bonding house that sought greater authority in the closing days of last year’s budget debate, according to the state lawmaker who requested the financial review. Read More Audit Of Shadowy Public Finance Authority Appears Unlikely