State faces $2.2 billion deficit heading into 2015-17 budget cycle
Gov. Scott Walker’s administration is projecting a $2.2 billion deficit heading into the 2015-17 budget cycle.
That’s a sizable hole for Walker, who is contemplating a 2016 presidential run, to climb out of as he crafts his budget proposal due out early next year. Achieving a balanced budget will require scaling back program requests, especially if he wants to cut taxes further.
“We will continue to protect Wisconsin taxpayers, provide a good value to those taxpayers, and live within our means,” Walker spokeswoman Laurel Patrick said. “Gov. Walker will introduce a balanced budget early next year focused on growing the economy and moving people from government dependence to true independence.”