edthecynic
Censored for Cynicism
- Oct 20, 2008
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The perpetual dumb act! Do you really think nobody can see your own link says the "surplus" is a PROJECTION that will materialize by 2015???? Not only that, as you can see the word "projected" in your politifact link is itself a link to the source of the $1 trillion surplus estimate cited and it repeatedly says it is a PROJECTION!!!!!!!!!The quotes are still there above and I am still waiting for you to tell me where you see the word "projected" in them.
That quote comes directly from YOUR politifact link, the second sentence under the heading "Surplus/deficit."
Despite $1 billion surplus, group says Scott Walker raising state deficit while borrowing is at record high | PolitiFact Wisconsin
When caught lying, the Right play dumb because they have convinced themselves if they are too STUPID to know they are lying, then they are telling the truth, ala St Ronnie.
REAGAN (3/4/87): A few months ago, I told the American people I did not trade arms for hostages. My heart and my best intentions still tell me that's true. But the facts and the evidence tell me it is not.
EdtheIgnorant - it's 3 posts later and the quotes are still there and I'm still waiting for you to tell me where it says projected in them.
Furthermore, I'm still waiting for your ignorant and lying ass to explain why you are running away from this story. The Dumbocrats built high debt and high unemployment in Wisconsin. Scott Walker came in and in just a few years, completely turned the state around - putting people back to work and taking the Wisconsin debt and turning it into a surplus (actual or projected).
The fact that you won't answer proves that you are the
While you work on a way to spin it out of desperation, I'll post those quotes again from above for a FOURTH time:
The statement contains an element of truth in that state borrowing is at an all-time high -- but, flush with a nearly $1 billion surplus, its clear the state does not have a budget deficit.
Despite $1 billion surplus, group says Scott Walker raising state deficit while borrowing is at record high | PolitiFact Wisconsin
(Please point out to me where it says PROJECTED...I'll wait)
From your above politifact link:
Walker proposed the cuts after the nonpartisan Legislative Fiscal Bureau in mid-January 2014 projected that the state will see, mostly as a result of higher-than-expected tax collections, a $977 million surplus by the time the current two-year budget cycle ends in June 2015.
And from the linked pdf:
Early each year, this office conducts a review of the status of the state's general fund and presents its findings to the Legislature. In even-numbered years, the analysis includes an examination of economic forecasts and tax collection and expenditure data of the current fiscal year, and projections for each fiscal year of the current biennium. We have now completed that review.
Based upon our analysis, we project the closing, gross general fund balance at the end of this biennium (June 30, 2015) to be $1,041.6 million. This is $911.9 million above the $129.7 million balance that was estimated prior to our review. The estimated $129.7 million balance includes all bills enacted to date in this legislative session (through 2013 Act 116).
The additional $911.9 million is the net result of: (1) an $892.7 million increase in estimated tax collections; (2) an $18.4 million decrease in departmental revenues; (3) a $21.6 million decrease in sum sufficient appropriation expenditures; and (4) a $16.0 million increase in estimated lapses to the general fund.
The following table reflects the general fund condition statement, which incorporates our revenue and expenditure projections.