Walker Unveils Latest Budget Saving Effort, Dems Approve

Thursday, March 31st, 2011 at 7:56 am

Wisconsin Governor Scott Walker’s latest plan to fix his state’s fiscal woes now has the support of Democratic legislative leaders. This plan, which was originally part of his controversial “Budget Repair Bill,” aims to address the state’s current $137 million budget shortfall.

Walker introduced the plan yesterday, which relies heavily on debt refinancing to save $165 million.

Walker had previously proposed these steps to balance the budget as part of the collective bargaining law, but these measures had to be removed so Republicans could pass the other portions while the Democrats were still in Illinois earlier this month.

Democratic Senate Minority Leader Mark Miller and Assembly Minority Leader Peter Barca both praised the plan, telling the AP it was the approach Walker should have taken from the beginning instead of also going after collective bargaining rights.

The future of the collective bargaining law remains in limbo given ongoing legal challenges.

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