Walker to Pledge Budget Will Create 250,000 New Private Sector Jobs in Four Years
3:35 PM, Mar 1, 2011 • By JOHN MCCORMACK
Wisconsin governor Scott Walker's office has released excerpts of a speech later today in which the governor will unveil his biennial budget. “This is a reform budget," Walker will say. "It is about getting Wisconsin working again – and to make that happen, we need a balanced budget that works -- and an environment where the private sector can create 250,000 jobs over the next four years.”
That promise is a benchmark that Walker's opponents will surely hold him to in four years, and it doesn't leave him with the wiggle room of Obama's "created or saved" rhetoric on job creation.
According to excerpts, Walker will also announce additional funding for some programs, such as criminal investigation units. What we still don't know is what else Walker will cut to close the $3.6 billion biennial deficit. We already know that his budget repair bill would save $300 million by requiring state employees to pay more for their pensions and health insurance premiums. If school districts and municipalities increase require their employees to pay those greater contributions, it would save an additional $1.44 billion statewide, according to Walker's office. But that still leaves a lot of yet-to-be announced cuts that will surely cause even more consternation in Wisconsin.