Crunching The Numbers, Report Expresses Concern

Crunching The Numbers, Report Expresses Concern

A new report warns that Wisconsin’s record budget surplus could turn into a deficit if lawmakers and Governor Evers aren’t careful. 

The Wisconsin Policy Forum yesterday released a report that says the surplus is not large enough to pay for everything that Governor Evers wants, and is likely not enough to pay for a switch to a flat income tax in the state.  The report also warns that the U.S. economy may be headed into a recession, and that could mean a deficit for Wisconsin.  The report says lawmakers have a unique challenge this year, not in terms of budget cuts or reductions, but in deciding where they will spend more money.

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