1 result for tag: Government Debt


Sen. Kathleen Vinehout: State’s debt growing, not shrinking, under Scott Walker

Sen. Kathleen Vinehout: State's debt growing, not shrinking, under Scott Walker April 29, 2015 10:30 am  •  KATHLEEN VINEHOUT | Democratic state senator from Alma "I’m okay with the cuts,” the man wrote me. “It’s shameful to pass debt on to our children.” In the man’s message, he implies a common misconception about Wisconsin — there is no state debt. Wisconsin owes a lot of money and the state budget proposes we borrow even more. The nonpartisan Legislative Fiscal Bureau reported in January that the state owed about $13.8 billion. This is slightly less than the previous year, but almost $600 million more than when Gov. Jim ...