MADISON – Gov. Scott Walker will have to plug a roughly $280 million budget shortfall by the end of June, and the state faces a two-year deficit that could be as large as $2 billion, based on new estimates released Friday by the nonpartisan Legislative Fiscal Bureau.
Wisconsin's two-year shortfall hits about $2 billion when state agency requests — which will certainly not be filled in full by Walker or the Republican Legislature — are taken into account. The budget will be about $650 million short by mid-2017 just to continue spending at current levels.
Wisconsin s 2-year budget hole forecast at up to 2 billion