The state is dead broke.
It was insolvent when they started issuing IOUs.
The budget can't be fixed with further tax increases. Business is already fleeing the state reducing the tax base.
The idiots are trying to defy gravity and will find out the hard way it can't be done while still on earth.
The only question is if the governing class is going to decide what gets cut or a bankruptcy judge.
At least that's my 2 cents...
[excerpt] Madison - A Madison-based labor union voted to endorse "a general strike possibly for the day Gov. (Scott) Walker signs his budget-repair bill.''
....State AFL-CIO officials said they remained focused on scheduling rallies for Thursday, which they said "will be the largest demonstrations outside of Madison in Wisconsin's history." [end excerpt]