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State Senate To Vote On Budget Deal
Deal Delays Many Of State's Financial Woes
UPDATED: 12:45 pm CDT May 13,
2008
MADISON, Wis. -- The budget plan expected to pass the state Legislature this week largely delays the state's fiscal problems.The Senate is expected to vote on the deal shortly.Besides delaying the problems, the bill assumes the state will win three pending legal fights.Gov. Jim Doyle has indicated he will veto all or part of two of the deal's main parts. One is a delay in $125 million in school payments and the other is $209 million in refinancing of tobacco bond payments.The state's budget woes could get worse if the state doesn't collect $92 million in casino payments the Ho-Chunk tribe is fighting in court.The state also is in court over $293 million in sales tax payments and a $200 million medical malpractice fund transfer. Losing any of those could blow a huge hole in the budget.
Previous Stories:
- May 12, 2008: State Lawmakers Reach Deal On $527M Budget Shortfall
- May 9, 2008: Legislative Leaders Continue Budget Talks
- May 8, 2008: Reality Check: Which Groups Spent Most On Lobbyists?
- May 7, 2008: State Democratic Leader Pushes For Budget Deal
- May 2, 2008: Budget Deal Still Eludes Governor, Legislators
- May 1, 2008: Doyle, Legislative Leaders To Meet Thursday
- April 28, 2008: Spokeswoman: State Lawmakers 'Pretty Close' On Budget Deal
- April 7, 2008: Doyle, Lawmakers Express Optimism With Budget Talk Progress
- March 28, 2008: Assembly Speaker Says He Expects Budget Resolution Within Days
- March 27, 2008: Lawmakers Still Wrangle Over Budget Shortfall
- March 26, 2008: State Senate Passes Its Budget Plan
- March 25, 2008: Doyle Presents Renewable Energy Program
- March 24, 2008: Doyle: He's Not Drawing Any Lines In Sand Of Budget Debate
- March 21, 2008: Senate Committee OKs Democrats' Budget Plan
- March 20, 2008: Third Proposed Budget Solution Pending
- March 19, 2008: Officials: Doyle's Budget Plan Could Cost $94M In Tobacco Payments
- March 14, 2008: Doyle Blasts Assembly GOP Plan To Repair Budget
- March 13, 2008: Wisconsin Legislature Leaving Number Of Issues Undone
Copyright 2008 by Channel 3000. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
