Deficit Wrestling

Shields, Yvette
December 2004
Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p39
Trade Publication
This article reports on the announcement made by Wisconsin Governor Jim Doyle that the latest state revenue projections show a $1.6 billion deficit going into the next two-year budget cycle. The deficit is down dramatically from the $3.2 billion shortfall the state faced two years ago, and about $100 million more than predicted earlier this year. While Doyle portrayed the deficit as more manageable, lawmakers said a second round of cutting would be more hard felt. Budget requests from various state departments and agencies and $800 million in increased Medicaid costs account for the deficit.


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