Conservative Economics, part deux

[finnbow]

To help close the state’s $283 million budget shortfall this year, Wisconsin Governor Scott Walker (R) plans to skip a $108 million debt payment scheduled for May.

http://www.washingtonpost.com/blogs/...-debt-payment/

It looks like he's pulling a Brownback.

[JJIII]

Tactics like that never worked for me. You skip a debt payment and see what happens.

[bobabode]

"In March last year, Walker signed a $541 million tax cut for both families and businesses. At that point, Wisconsin was facing a $1 billion budget surplus through June 2015, the Journal Sentinel reported.
By November last year, the administration was estimating a $132 million shortfall. In January, the non-partisan Legislative Fiscal Bureau pegged it at $283 million. The Bureau, which does research for the Wisconsin Legislature, explained that tax collections were $173 million worse than the administration’s own estimates in November." WaPo

I don't get why any self respecting Republican would back this Tealiban Marquette drop out.

[Boreas]

Originally Posted by bobabode

"In March last year, Walker signed a $541 million tax cut for both families and businesses. At that point, Wisconsin was facing a $1 billion budget surplus through June 2015, the Journal Sentinel reported.
By November last year, the administration was estimating a $132 million shortfall. In January, the non-partisan Legislative Fiscal Bureau pegged it at $283 million. The Bureau, which does research for the Wisconsin Legislature, explained that tax collections were $173 million worse than the administration’s own estimates in November." WaPo

I don't get why any self respecting Republican would back this Tealiban Marquette drop out.

They believe that the shortfall is proof that government is too big and not fiscally irresponsible Republicans. They believe it would be morally wrong for the governor to raise taxes on the "job creators", just as they believe that it's morally wrong for the governor to use "their money" to provide assistance to those in need.

In other words, they are stupid selfish assholes.

[nailer]

LBJ put our ship of state onto this butter/guns/borrow course and every administration since has kept us on this heading.

This guy wants to be president and is posturing for dollars/votes, consequences be damned.