Wisconsin's Budget Shortfall Gets Even Worse
Another $50 Million Added To Projected Shortfall
Posted: 2:58 pm CDT May 14, 2009
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READ: Visit Channel 3000's Politics SectionREAD: Channel 3000's "Reality Check" SeriesINTERACTIVE: Write Your Rep.VISIT: Follow Money In PoliticsMADISON, Wis. -- Wisconsin's budget hole is getting deeper.New numbers Thursday from the Legislative Fiscal Bureau show another $50 million has been added to the $6.6 billion projected budget shortfall.The bureau said it expects a $34 million decline in income taxes collected over the next two years and a projected $16 million drop in tribal gambling revenue.The Legislature's budget-writing committee is expected to resume work next week.Gov. Jim Doyle is proposing a variety of new measures to balance the budget, including laying off up to 1,100 state workers and requiring most employees to take 16 unpaid days off in the next two years.
Previous Stories:
- May 12, 2009: Panel Tells State Tax Collectors To Find More Money
- May 11, 2009: Report: Lawmakers Have To Cut $1.6B More From Budget
- May 9, 2009: State Budget Woes Could Affect Area Businesses
- May 8, 2009: Doyle Says Up To 1,100 State Jobs Could Be Cut
- May 5, 2009: State Budget Writers Wait For New Deficit Numbers
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