From jsonline: Strengthening the case for a property tax cut likely to pass the Senate on Tuesday, Gov. Scott Walker's administration said Monday that the state surplus as of June was $89 million more than expected.
The annual report from the Department of Administration showed the surplus for the budget ended in June was $759.2 millionin the state's main account, up from the last estimate of a $670 million balance that was used to plan the current 2013-'15 budget.
The news comes a day before lawmakers are expected to vote on a bill to spend down part of this surplus to cut property taxes by $100 million over the next two years.
"When we took office two years ago, we said we would be good stewards of the taxpayers' money, and this report shows we're on the right track. Our tough, but prudent, decisions are paying off for Wisconsin families," Walker said in a statement.
As a result of the surplus, the state added $153.2 million to its rainy day fund, bringing the total to $278.5 million. Wisconsin has traditionally had very little in its rainy day fund, and Walker touted the improvement. The fund remains small compared with those of some other states, enough to sustain the current level of state spending for about a week.
Read more from Journal Sentinel: http://www.jsonline.com/news/statepolitics/wisconsin-legislature-expected-to-act-quickly-on-tax-break-b99119868z1-227718991.html#ixzz2hlxiK594
I think Scott Walker would be a great president, he doesn't back down from liberals, he is a true conservative, he puts public employees in their place and he saves money for the taxpayer.
And the liberals absolutely hate him.
What better reason to consider Scott Walker for president?
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