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Insult to injury: Another $50M added to shortfall
Income taxes, gambling revenue to drop
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Also by Associated Press:
- UPDATED: CFACT may sue UW if its funding isn't restored (June 29, 2009)
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(AP) - Wisconsin’s budget hole is getting deeper.
New numbers Thursday from the Legislative Fiscal Bureau show another $50 million has been added to the $6.6 billion projected budget shortfall.
The bureau says it expects a $34 million decline in income taxes collected over the next two years and a projected $16 million drop in tribal gambling revenue.
The Legislature’s budget-writing committee is expected to resume work next week.
Gov. Jim Doyle is proposing a variety of new measures to balance the budget, including laying off up to 1,100 state workers and requiring most employees to take 16 unpaid days off in the next two years.
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You keep voting for them…. and they keep digging the hole deeper.
Hope…. Change…..
They go us good!!! The banksters will usher in the New World Order!!!