Monday, January 30, 2012

Walker’s Budget: balanced or unbalanced?

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Just before New Year's Eve, without any press conferences or news releases, Walker's top lieutenant sent a letter to federal health secretary Kathleen Sebelius verifying that Wisconsin has a budget deficit through June 30, 2013.

He broke that campaign promise, big time. Using GAAP principles and his administration's own numbers, Walker's budget will have a $3 billion deficit by June 30, 2013. Our non-partisan legislative fiscal analysts, however, say Walker's budget is balanced based on the accounting principles our state laws require we use for budget purposes.

Click on the following to read the whole story:  http://www.huffingtonpost.com/jon-richards/scott-walker_b_1224849.html

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