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Wisconsin

In reply to the discussion: Wisconsin: Budget Myths Abound [View all]

mojowork_n

(2,354 posts)
1. Borrowing a billion dollars to pay off the road builders...
Thu Aug 22, 2013, 12:20 AM
Aug 2013

...and cutting the largest number of low income folks from health insurance is -- what -- gravy on top of that?

Robin Hood in reverse, sticking it to the poor to increase the income of the wealthiest...

The only reason we don't hear or read about any of that in our "news media" must be that they're well-paid for their silence.

Thanks, anyway, to State Sen. Kathleen Vinehout for pointing out:

This budget pays that price {cost of borrowing} in a greater percent of tax dollars going to pay off debt than ever before in our history. New borrowing only adds to the debt. As a result state debt reaches an all-time high of $14.7 billion - or about 101% of general tax revenue.


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