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The Daily Cardinal Est. 1892
Friday, February 23, 2024

Doyle anticipates budget deficit to reach $5 billion

Gov. Jim Doyle announced a re-evaluation of the state budget shortfall Tuesday, projecting a deficit of $5 billion within the next 2 years.  

 

Last month, Doyle said he expected the budget deficit to reach $3 billion due to the poor state of the economy. 

 

Todd Berry, president of the Wisconsin Taxpayers Alliance, said there are many reasons why Doyle changed his prediction from the estimated $3 billion.  

 

The state law requires the governor or the administration to release information about state agency spending requests and revenue estimates for the coming years on Nov. 20

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