MILWAUKEE (WTAQ) - Governor Scott Walker is downplaying the state's new report that tax collections were two percent lower than projected during the last fiscal year.
The Republican Walker told WTMJ Radio in Milwaukee Friday that the $281 million revenue shortfall could be resolved in the new fiscal year by controlling expenses and expanding the economy.
If that doesn't happen, officials say the current two-year budget will end up $115 million in the red next June.
Walker and his GOP legislative majority cut taxes by $2 billion during his four-year term that's up in January. Democrats called the tax cuts irresponsible.
Walker agrees it will be a key issue in his November election against Democrat Mary Burke. She and the governor have also sparred over the state's latest report that almost 29,000 private sector jobs were created in the year ending in March. That's about 500 jobs more than the last such report 3 months before -- which showed that Wisconsin's job growth was only about half the national average.
Walker points to the jobs lost during the Great Recession when Democrat Jim Doyle was in charge.
The governor also points to a 5.8 percent unemployment rate, the lowest since the recession began in earnest in 2008.
(Story courtesy of Wheeler News Service)