Wisconsin Gov. Tony Evers speaks to reporters Monday, March 25, 2019, in Madison, Wis. Evers moved quickly after last week's order to rescind 82 of former Republican Gov. Scott Walker's appointments that the state Senate confirmed during the lame-duck session. And Attorney General Josh Kaul, at Evers' order, moved to withdraw Wisconsin from a multi-state lawsuit seeking repeal of the Affordable Health Care Act, a power taken away from him during the lame-duck session. (AP Photo/Scott Bauer).
MADISON, Wis. (AP) — A new analysis shows Democratic Gov. Tony Evers would face a nearly $2 billion shortfall heading into his second budget.
The Legislative Fiscal Bureau released an analysis Monday that shows the state would face a $1.9 billion imbalance in the general fund heading into the 2021-23 fiscal year if the state maintains all the spending commitments in current law, such as honoring tax credits for Foxconn Technology Group, and in Evers' 2019-21 budget, including funding two-thirds of K-12 education costs and state employee raises.
The estimate is the largest projection since analysts forecast a $2.5 billion imbalance heading into the 2011-13 biennium.
The estimate doesn't factor in revenue growth, population increases or decreases, inflation or changes Republicans may make to the 2019-21 budget this summer.
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