Gov Walker to Give $800 Million Surplus Back to the People

[rdean]

October 22, 2014

Walker Claims Next Budget Will Start With Surplus, Though Evidence Indicates Otherwise


Walker Claims Next Budget Will Start With Surplus Though Evidence Indicates Otherwise Wisconsin Public Radio



"The next state budget will begin with a surplus of over half a billion dollars -- $535 million to be exact."— Scott Walker

POLIFACT- FALSE

The bureau’s longstanding method is to assume no loss or gain in revenue and no changes in spending. Applying the same approach allows for a consistent picture over time. The bureau’s latest estimate came out Sept. 8, 2014.
The bottom line: a $1.76 billion deficit heading into the 2015-’17 budget.

Among the chief reasons for the gap: Tax cuts approved by Walker and the Republican-led Legislature, which contributed to a slowing of revenue.


...Walker’s own budgets report the "structural deficit" number using the method the Fiscal Bureau used to come up with $1.8 billion.


And lawmakers of both parties have done the same for years.

Scott Walker says next state budget will begin with 535 million surplus PolitiFact Wisconsin

Scott Walker says next state budget will begin with 535 million surplus PolitiFact Wisconsin

Walk-O-Meter Create 250 000 new jobs PolitiFact Wisconsin
We're moving this rating to Promise Broken.

Last in the Midwest.
Wisconsin ranked 37th in job creation last year Wsj

Scott Walker cut school funding more than any governor Greater Wisconsin Committee claims PolitiFact Wisconsin

Wisconsin second only to Alabama in cuts to education funding study shows Ct

----------------------------------------------------

Republicans have this bizarre idea that if you cut education and give money to the wealthy it will attract the "job creators". The very idea is so strange and so stupid and so fucked up, I believe it only serves to drive them away. No one want's to move their company to an area that is so messed up.

 

[The Rabbi]

Wisconsin has billions in long term debt and is paying millions in interest on that debt. That's where the surplus belongs,

paying down the debt. Walker is making exactly the same error GW Bush made in 2001. Not surprisingly.

Fuck you. You dont give a shit about deficits, debt or anything else. Walker is a Republican. Therefore whatever he wants you oppose. Becuase he's on the other team from you. No other reason.

 

[zeke]

And you Rabbit? You don't give a fuck about debt or deficits. Scott Walker is a Republican and whatever he wants, you the rabbit are good with. No other reason you like what he does other than he (Walker) is a Republican and he's on the same team as you. Or at least YOU like to think you are on the Walker team. I doubt if Walker gives a flying fuck about a rabbit on a message board who has no money and doesn't live in Wisconsin.

 

[The Rabbi]

And you Rabbit? You don't give a fuck about debt or deficits. Scott Walker is a Republican and whatever he wants, you the rabbit are good with. No other reason you like what he does other than he (Walker) is a Republican and he's on the same team as you. Or at least YOU like to think you are on the Walker team. I doubt if Walker gives a flying fuck about a rabbit on a message board who has no money and doesn't live in Wisconsin.

Poor Zeke. A refugee from his own mind on the Blatz Boulevard.

 

[ogibillm]

You okay with an automatic tax increase the next time there is a budget shortfall?

Plan for the future.

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

So you must think the surplus, afain if it exists, should only be used to pay off debt.

And who would want to live in a state with instability like you are suggesting?

Nothing more unstable than having your property, state and local taxes raised repeatedly on whims. Some of us like to be able to budget.

so if we determine then that a minimum of government services are to be provided the last thing we would want to do with a surplus is return it. you might make a case for reduced taxes in the future, but that surplus should either pay down debt or establish a rainy day fund for leaner times

 

[RoshawnMarkwees]

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

So you must think the surplus, afain if it exists, should only be used to pay off debt.

And who would want to live in a state with instability like you are suggesting?

Nothing more unstable than having your property, state and local taxes raised repeatedly on whims. Some of us like to be able to budget.

so if we determine then that a minimum of government services are to be provided the last thing we would want to do with a surplus is return it. you might make a case for reduced taxes in the future, but that surplus should either pay down debt or establish a rainy day fund for leaner times

It's not the government's money to do anything with. It belongs to the people from whom it was confiscated. If the people choose to allow the government to handle their money that's different. But to assume the gov knows what's best to do with others' money is how the gov has grown out of control to this point.

 

[Dad2three]

It should be interesting what cuts Walker will have to make to accomplish his $800 million giveaway, considering a 1.8 billion projected shortfall.
Wisconsin state budget shortfall projected at nearly $1.8 billion
Madison — The expected shortfall for the next two-year state budget starting in July has risen to nearly $1.8 billion, or about half of what it was when Gov. Scott Walker took office in January 2011.
Meanwhile, the state's projected gap in its current budget ending June has risen to $396 million — or about 1.2% of the spending planned for the 2013-'15 budget.
The Republican governor resolved a more than $3 billion budget shortfall in the months after taking office, but the latest projections show the state is running through the resulting surplus. The state is again facing a gap in the 2015-'17 budget because of tax cuts enacted by Walker and lawmakers and lagging growth in other state taxes in recent months.
The projected weakness in the state budget matters because it eventually could lead to cuts in spending on priorities such as schools or increases in state taxes or fees.
The latest estimates by the Legislature's nonpartisan budget office jumped by more than $1.1 billion over the previous estimate of a $642 million gap released in May. The projections from the Legislative Fiscal Bureau were released Monday for the budget beginning in July 2015 and ending in June 2017.
Wisconsin state budget shortfall projected at nearly 1.8 billion

In other news, I didn't know that Joe the Plummer had a website? Thanks to the OP, I learned something today. If you're looking for something fair and balanced,,,,,,,,,
Joe For America

The usual lib talking point: if we cut anything children will go without education and criminals will proceed with impunity.
How did that work out for Detroit?

There you go again Rabbi, no substance just bullshit. Why don't you prove the non-partisan Legislative Fiscal Bureau wrong?
But no, just the usual weak-minded bullshit from one of the most shallow goose-stepping posters on USMB.

Sez the guy who cant read a chart to save his life.
There is no deficiit, moron. You'd have to be able to read an article to find the truth. That is clearly as beyond you as reading a graph.
Despite news of 1.8 billion shortfall Alberta Darling says Wisconsin has 443 million surplus PolitiFact Wisconsin

YOUR LINK:

"On Sept. 8, 2014, a Wisconsin Legislative Fiscal Bureau reportmade headlines that said the state budget faces a "shortfall" estimated at nearly $1.8 billion.

The same day, state Sen. Alberta Darling, a suburban Milwaukee Republican, put out what seemed like a contradictory statement.


...
Our rating

Darling said: "Wisconsin does not have a deficit. Thanks to Republican reforms, the 2014 budget will begin with a $443 million surplus."

The second year of the current 2013-’15 budget -- what Darling refers to as the 2014 budget -- did begin with a $443 million surplus.

But the year is expected to end with a $396 million shortfall, and the next biennium -- 2015-’17 -- is projected to start with a $1.8 billion shortfall.

Darling’s statement is partially accurate, but leaves out a lot of context. Our rating is Half True.

Despite news of 1.8 billion shortfall Alberta Darling says Wisconsin has 443 million surplus PolitiFact Wisconsin


FKKKING LYINGS CONS!!!!

 

[Dad2three]

I goggled it and the left wing sites talk about a deficit and the right wing sites point to a surplus. The only mainstream report is an AP report on a local page suggesting a surplus. Since there are no NYT, CBS, ABC, NBC links it must be a surplus.

Sure, THAT'S the way it works *shaking head*


On Sept. 8, 2014, a Wisconsin Legislative Fiscal Bureau reportmade headlines that said the state budget faces a "shortfall" estimated at nearly $1.8 billion.
Despite news of 1.8 billion shortfall Alberta Darling says Wisconsin has 443 million surplus PolitiFact Wisconsin

 

[Dad2three]

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

So you must think the surplus, afain if it exists, should only be used to pay off debt.

And who would want to live in a state with instability like you are suggesting?

Nothing more unstable than having your property, state and local taxes raised repeatedly on whims. Some of us like to be able to budget.

so if we determine then that a minimum of government services are to be provided the last thing we would want to do with a surplus is return it. you might make a case for reduced taxes in the future, but that surplus should either pay down debt or establish a rainy day fund for leaner times

It's not the government's money to do anything with. It belongs to the people from whom it was confiscated. If the people choose to allow the government to handle their money that's different. But to assume the gov knows what's best to do with others' money is how the gov has grown out of control to this point.

PAY YOUR GAWDDMAN BILLS! For thirty fukkkking years conservatives have refused to be fiscally responsible, NOW they bitch about owing money? lol

 

[Dad2three]

Whether or not there is a surplus returning the surplus to the taxpayers would be idiotic.

Really? You don't expect change when you pay $20 for a $16 item?

You okay with an automatic tax increase the next time there is a budget shortfall?

Plan for the future.

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

Or electing Republicans


"Starving the beast" is a political strategy employed by American conservatives in order to limit government spending by cutting taxes in order to deprive the government of revenue in a deliberate effort to force the federal government to reduce spending.


Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."

Starve the beast - Wikipedia the free encyclopedia

 

[Dad2three]

Whether or not there is a surplus returning the surplus to the taxpayers would be idiotic.

Really? You don't expect change when you pay $20 for a $16 item?

You okay with an automatic tax increase the next time there is a budget shortfall?

Plan for the future.

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

Why support tax cuts then? Pay off some of the billions in state bonds? Did you support Reagan/Bush tax cuts? You know where they took money out of the treasury AS they blew up spending?

 

[RoshawnMarkwees]

I goggled it and the left wing sites talk about a deficit and the right wing sites point to a surplus. The only mainstream report is an AP report on a local page suggesting a surplus. Since there are no NYT, CBS, ABC, NBC links it must be a surplus.

Sure, THAT'S the way it works *shaking head*


On Sept. 8, 2014, a Wisconsin Legislative Fiscal Bureau reportmade headlines that said the state budget faces a "shortfall" estimated at nearly $1.8 billion.
Despite news of 1.8 billion shortfall Alberta Darling says Wisconsin has 443 million surplus PolitiFact Wisconsin

That's not CBS, NYT, ABC, NBC, etc.

 

[Dad2three]

We should make gov Walker our next President. I would love a tax refund for only those of us who paid in taxes, of course.

LOL, Sure American's are coming out of Dubya's mess where he shrunk revenues to Korean war levels (15% of GDP), Obama has US moving towards Clinton's/Carter's fiscal responsibility 20% of GDP, but still has US around Reagan's level where Reagan tripled the debt (and Dubya added an unfunded Medicare expansion AND Obama is getting revenues through ACA). TAX CUTS? lol

PAY YOUR DAMN BILLS! Get those 'job creators' to start paying up too!

 

[RoshawnMarkwees]

Really? You don't expect change when you pay $20 for a $16 item?

You okay with an automatic tax increase the next time there is a budget shortfall?

Plan for the future.

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

Why support tax cuts then? Pay off some of the billions in state bonds? Did you support Reagan/Bush tax cuts? You know where they took money out of the treasury AS they blew up spending?

Trying to justify something bad with something bad. If you really think government doesn't waste then you have problems with honesty.

 

[Dad2three]

I goggled it and the left wing sites talk about a deficit and the right wing sites point to a surplus. The only mainstream report is an AP report on a local page suggesting a surplus. Since there are no NYT, CBS, ABC, NBC links it must be a surplus.

Sure, THAT'S the way it works *shaking head*


On Sept. 8, 2014, a Wisconsin Legislative Fiscal Bureau reportmade headlines that said the state budget faces a "shortfall" estimated at nearly $1.8 billion.
Despite news of 1.8 billion shortfall Alberta Darling says Wisconsin has 443 million surplus PolitiFact Wisconsin

That's not CBS, NYT, ABC, NBC, etc.

NO IT'S THE NON PARTISAN STATE OFFICE IN CHARGE SAYING WALKER IS FULL OF IT!!! Believe it or not, not everything that whiner does is national news!

 

[rightwinger]

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

So you must think the surplus, afain if it exists, should only be used to pay off debt.

And who would want to live in a state with instability like you are suggesting?

Nothing more unstable than having your property, state and local taxes raised repeatedly on whims. Some of us like to be able to budget.

so if we determine then that a minimum of government services are to be provided the last thing we would want to do with a surplus is return it. you might make a case for reduced taxes in the future, but that surplus should either pay down debt or establish a rainy day fund for leaner times

It's not the government's money to do anything with. It belongs to the people from whom it was confiscated. If the people choose to allow the government to handle their money that's different. But to assume the gov knows what's best to do with others' money is how the gov has grown out of control to this point.

The government is tasked to do what is most prudent with the money. If the people don't like it, they can vote them out of office

 

[Dad2three]

You okay with an automatic tax increase the next time there is a budget shortfall?

Plan for the future.

Taxes are supposed to be designed to prorate against expenses. Budget shortfalls result from poor management.

So you dont think there's ever a scenario where deficit spending by the government is acceptable?

Only in the case of national emergency or natural disaster. Not for 'programs'.

Why support tax cuts then? Pay off some of the billions in state bonds? Did you support Reagan/Bush tax cuts? You know where they took money out of the treasury AS they blew up spending?

Trying to justify something bad with something bad. If you really think government doesn't waste then you have problems with honesty.

Justify? Bubba, YOU are the one not wanting to pay your bills, AND then tryiung to justify it by saying hey, yes we elected the guys who say Gov't is bad and when we are elected we will do EVERYTHING in our power to destroy it within. They are called the GOP

• Democrats are the party that says government will make you smarter, taller, richer, and remove the crabgrass on your lawn. Republicans are the party that says government doesn't work, and then they get elected and prove it.
  
  P. J. O'Rourke
  
  

 

[candycorn]

I remember Bush sent checks back to the taxpayers during his term. It made such fiscal sense that by the end of the term, we were having to borrow $700 billion to keep the ship afloat.

Walker should do this.

 

[Flash]

That must really piss off the Libtards when the government returns money to the people that earned it.

They think that the American people are too stupid to spend the money they earn and they think some government bureaucrat, elected by special interest groups, can spend the money better.

If it was up to the Libtards every cent earned by every American would be turned over to the government and the government would redistribute it as they see fit.

Kudos to Walker for doing the right thing in this case.

 

[rdean]

We should make gov Walker our next President. I would love a tax refund for only those of us who paid in taxes, of course.

LOL, Sure American's are coming out of Dubya's mess where he shrunk revenues to Korean war levels (15% of GDP), Obama has US moving towards Clinton's/Carter's fiscal responsibility 20% of GDP, but still has US around Reagan's level where Reagan tripled the debt (and Dubya added an unfunded Medicare expansion AND Obama is getting revenues through ACA). TAX CUTS? lol

PAY YOUR DAMN BILLS! Get those 'job creators' to start paying up too!

Look at that chart:

With all that extra money, how come the job creators aren't creating jobs?