Monday, February 21, 2011

Wisconsin Budget Bill Wouldn?t Be Able to Be Implemented After Friday

It's easy to forget that the budget repair bill is a budget bill, and not merely a vehicle to strip public employee bargaining rights. What the repair bill should do is fill a $137 million shortfall - 1% of the total budget - for the rest of the fiscal year, which ends in June. One of the bigger solutions to fill that shortfall actually restructures debt and pushes it into the next fiscal year, saving around $100 million. That may not sound like much of a "solution" at all, but coming from California it sounds pretty commonplace. Anyway, there's kind of a deadline to accomplishing this debt restructure, and it's fast approaching.

Source: http://feedproxy.google.com/~r/firedoglake/fdl/~3/2f4sgcQc17U/

glenn beck rush limbaugh nancy pelosi

No comments:

Post a Comment