The Conservative Cave

Current Events => General Discussion => Topic started by: Chris_ on February 26, 2011, 08:42:33 PM

Title: Democrat Senator's absence to cost Wisconsin $165 Million
Post by: Chris_ on February 26, 2011, 08:42:33 PM: Quote
Democrat Senator's absence to cost Wisconsin $165 Million

By choosing to pander to their public sector union supporters and financiers rather than serve the hard working taxpayers of Wisconsin, the 14 Democrat Senators who are cowering in the People’s Republic of Illinois will bear the responsibility for $165 million in additional debt service costs. Lost amid the well organized protests in Madison and dwarfed by rumors of crippling strikes in the wake of meaningful fiscal reform is today’s deadline for debt restructuring.
American Thinker (http://www.americanthinker.com/blog/2011/02/democrat_senators_absence_to_c.html)

Quote
Debt Restructuring-The bill authorizes the restructuring of principal payments in fiscal year 2010-11 on the state’s general obligation bonds. These principal repayments will be paid in future years. Since the state is required to make debt service payments by March 15th. The bill must be enacted by February 25th. To allow time to sell the refinancing bonds. This provision will reduce debt service costs by $165 million in fiscal year 2010-11. The savings will help address one-time costs to comply with the Injured Patients and Families Compensation Fund state Supreme Court decision and make payments under the Minnesota-Wisconsin tax reciprocity program.
Gov. Walker press release, WisPolitics.com (http://wispolitics.com/index.iml?Article=226535)

Democrats, looking out for the little guy. :whatever:
Title: Re: Democrat Senator's absence to cost Wisconsin $165 Million
Post by: thundley4 on February 26, 2011, 08:51:53 PM: It's only fair if that money eventually comes from the Fleabagger Demrats or from the union workers they are supporting. :fuelfire:
Title: Re: Democrat Senator's absence to cost Wisconsin $165 Million
Post by: Freeper on February 26, 2011, 08:54:31 PM: Quote from: thundley4 on February 26, 2011, 08:51:53 PM
It's only fair if that money eventually comes from the Fleabagger Demrats or from the union workers they are supporting. :fuelfire:

You think they are whining now? Just imagine if they were presented a bill for this.
Title: Re: Democrat Senator's absence to cost Wisconsin $165 Million
Post by: SSG Snuggle Bunny on February 27, 2011, 07:09:30 AM: Charge it to the unions, including the out-of-staters.
Title: Re: Democrat Senator's absence to cost Wisconsin $165 Million
Post by: formerlurker on February 27, 2011, 07:11:34 AM: The only thing that will get them back is the massive layoffs -- the governor has to start laying people off.

Once that happens, the nonsense ends.