MADISON, Wis. (WSAU) - While the Legislative Fiscal Bureau estimates the governor’s budget plan would leave Wisconsin with a $644-million structural deficit, Governor Walker says a continuation of the state’s economic growth would help cover that.
Walker says even if Wisconsin finishes below the 10-year average, there should be more than enough revenue to make up for that projected shortfall. He says growth of just two percent would do it. Some members of Walker’s own Republican party have expressed concern about the structural deficit, pointing back to all the hard work it took to cover the three billion dollar budget hole in the last spending plan.
State revenue estimates due in May will help give members of the Joint Finance Committee a better idea of where they stand.