Once again, gimmicks and tricks were used to balance the state budget that I voted against.
The Wisconsin Taxpayers Alliance (WTA) reports, “Increased tobacco taxes, higher vehicle fees, and expanded health care for the poor are a few ways the 2007-09 state budget differs from its predecessors. But when it comes to “balancing the books,” new and old budgets have a lot in common: fund transfers, one-time or unsure revenues, accounting shifts, GAAP and structural deficits, borrowing, and slim balances.”
The state budget contains increased spending, tax increases and a huge structural deficit of $892-million the Legislature will have to grapple with in two years.
Here is the entire WTA report.