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To: SubMareener
It is true that Walker’s administration projected a $1 billion surplus but faces a $2.2 billion deficit. A story in the Chicago Tribune late last month said:

It wasn’t long ago that the forecasting arm of the Wisconsin legislature was predicting that state government by mid-2015 would be flush with a surplus topping $1 billion, which Gov. Scott Walker could have showcased in his bid for the Republican presidential nomination. Today, that projected surplus has morphed into a $2.2 billion budget deficit that Republican lawmakers are struggling to fix.

http://www.washingtonpost.com/blogs/answer-sheet/wp/2015/07/27/is-donald-trump-right-about-what-gov-scott-walker-did-to-wisconsin-schools

44 posted on 08/23/2015 8:40:44 AM PDT by conservative98
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To: conservative98

And we passed a balanced budget that still cut taxes AGAIN. That PROJECTED deficit was a study run by the liberals before the budget process, you know, actually produced a balanced budget without raising taxes.


50 posted on 08/23/2015 8:44:16 AM PDT by SteveAustin
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To: conservative98

OMG we have to go through that again?

2.2 Billion was an unconstrained budget projection by all the departments. By definition it included ZERO revenue growth. We had a projected budget process and the legislature passed, per the Constitution, a BALANCED budget. The borrowing in that budget the smallest in DECADES.

You know many states don’t even do a budget forecast in this manner? It just leads to crackpot accusations like this.

In the last budget (which began with an EVEN LARGER FORECAST DEFICITI) Walker reduced debt, gave a massive TAX CUT and still ended with a surplus.

Thanks for informing us what the liberal Washington Post is spouting against Walker.


53 posted on 08/23/2015 8:48:25 AM PDT by sgtyork (Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy)
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To: conservative98; Cincinatus' Wife

That explains why the commercial hasn’t been made.


56 posted on 08/23/2015 8:53:07 AM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: conservative98
Under Gov. Scott Walker, Wisconsin "projected a $1 billion (budget) surplus and it turns out to be a deficit of $2.2 billion."

PolitiFact says,

By law, Wisconsin’s two-year budgets must be balanced -- revenue equalling expenditures.

So, unlike the federal government, Wisconsin can never run an actual budget deficit by borrowing money that piles up as debt.

95 posted on 08/23/2015 12:05:29 PM PDT by Brown Deer (Pray for 0bama. Psalm 109:8)
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