mgolladwyne says: well, it’s not really a deficit crisis is it? TPM reports that WI gov. walker “ginned up the books” on this one: tpmdc.talkingpointsmemo…
» We say: Interesting to note (and we suggest you all read the link), but one point worth pointing out – and this is something The Capital Times, which TPM quoted, has wrong.The issue here is not $140 million in new spending for special-interest groups, but rather lower revenues from three credit-and-deduction-based initiatives. So yes, these do mean the state has lower revenues, but it’s not because of special-interest spending. (Oh, and read the document directly – it’s informative.)