Analysis Finds Walker Saved Wisconsin’s Taxpayers Big?

~ The Rebel ~ 2012/05/23 21:37:31
While a lightning rod for controversy and recall, Wisconsin’s Act 10 has paid significant dividends to taxpayers, according to a new analysis by the Beacon Hill Institute for Public Policy Research, at Suffolk University in Boston.

Act 10, which curbed collective bargaining for most unionized public employees, in the whole has saved taxpayers more than $1 billion, according to The Economic Impacts of the Wisconsin Budget Repair Act. The study is slated for release this week by Beacon Hill Institute, a prominent free market think tank.

What the analysis found is that without the law, which in part requires covered public employees to contribute more to their benefits and holds wage increases to the rate of inflation, Badger State governments would have been forced to raise taxes or make deep job cuts to meet budget expenses.

As it was, Gov. Scott Walker and the Republican-controlled Legislature pushed through reforms and reductions that filled a $3.6 billion budget shortfall, although organized labor asserts Republicans balanced the budget on the backs of public employees.

Read More: http://www.westernjournalism.com/analysis-finds-wi...

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  • CHUCK 2012/05/23 21:56:29

  • Cuppajo 2012/05/23 21:54:41
    shocker. And even with that mean and heartless act of asking teachers to "pay a little more for your insurance to help out EVERYONE in the state".
  • Will on the road again 2012/05/23 21:48:41
    Will on the road again
    I stand with Walker!

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