Saturday, December 22, 2012

Wisconsin's Spending Problem: Corporate Welfare

According to data collected by the New York Times for their series, United States of Subsidies, Wisconsin spends $1.53 billion per year on incentive programs. (Almost 5% of the $66 billion biennium budget.)

Remember Scott Walker's claims of a $3.6 billion shortfall for the two-year budget cycle during his campaigning? Simply ending corporate welfare "incentives" over a two-year period would wipe out almost all of this supposed shortfall.

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