Suck it up liberals. How sweet it is.:)
The estimate from the nonpartisan Legislative Fiscal Bureau was nearly $137 million better than one Walker's administration released in November. The numbers will be used by Walker as he puts the final touches on his two-year spending plan, which he's set to unveil on Feb. 20.
While the bottom line for the current fiscal year that ends June 30 showed improvement, the report projected that tax collections through June 30, 2015, will actually be $259 million less than what Walker's administration predicted. The bulk of that, $219 million, is due primarily to the fact that Walker assumed in November that Congress would restore the estate tax, the Fiscal Bureau said in its report. That did not happen as part of the deal to avert the so-called fiscal cliff.
Still, Walker and Republican legislative leaders touted the positive news in the report about the larger surplus for this fiscal year.
In 2011, Walker took office facing a roughly $3 billion budget shortfall and attacked the problem with deep cuts to education, local governments and other programs. He also forced public workers to pay more for health insurance and pension benefits, and effectively ended workers' collective bargaining rights, leading to an unsuccessful attempt to recall him last year.
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