Troubling fiscal trend on the horizon… Read More New Analysis Shows The Size Of The Spending Structural Deficit
New Analysis Shows The Size Of The Spending Structural Deficit
Structural Deficit
Misguided Act 10? Journal Sentinel Should Just “Own It”
MacIver Perspectives by James Wigderson – Reading the Milwaukee Journal Sentinel editorial on the state budget, “If there’s a budget mess this time, it belongs to Gov. Scott Walker,” one would get the impression the entire state is on the verge of joining Detroit as a fiscal policy disaster area. However, that is far from the truth. Read More Misguided Act 10? Journal Sentinel Should Just “Own It”
Wisconsin Structural Deficit Increases According to New Revenue Estimates
MacIver News Service – The 2015-17 state budget is expected to end with a $1.77 billion deficit according to a new report from the non-partisan Legislative Fiscal Bureau (LFB). The state finished Fiscal Year 2014 with a $443 million surplus. Read More Wisconsin Structural Deficit Increases According to New Revenue Estimates
What is a Structural Deficit, and is it Important? Rep. Kooyenga Talks Tax Cuts and Explains the Structural Deficit
MacIver News Service – Rep. Dale Kooyenga (R-Brookfield) addressed concerns that an $800 million tax cut plan could expand the state’s structural deficit. Kooyenga explains that the structural deficit that would be created with Gov. Scott Walker’s tax reform package would likely be erased with minimal economic growth and that lower taxes and pro-growth policies will lead to increased revenue for the state. Read More What is a Structural Deficit, and is it Important? Rep. Kooyenga Talks Tax Cuts and Explains the Structural Deficit
Fiscal Bureau Predicts $125 Million Budget Surplus, then Structural Deficit
MacIver News Service – The Wisconsin Legislative Fiscal Bureau’s General Fund Condition Statement released Tuesday shows an anticipated $146 million budget surplus for the current state budget and a $725 million structural deficit for the next budget, 2015-17, based on the state’s financial commitments under current law. Read More Fiscal Bureau Predicts $125 Million Budget Surplus, then Structural Deficit