Gov. Walker's WEDC "Loses" over $8 Million in Loans

Please limit discussion in this area to local and state politics.
gargantua
Forum God/Goddess
Posts: 8641
Joined: Sat Apr 13, 2002 1:30 pm
Location: Madison

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby gargantua » Thu Apr 21, 2016 9:48 pm

How many times has the WEDC promised reforms now? Seems like an every-6-month occurrence. Why should we believe it this time?

snoqueen
Forum God/Goddess
Posts: 14644
Joined: Fri Feb 14, 2003 10:42 pm

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby snoqueen » Fri Apr 22, 2016 9:39 am

I don't know anything about the legal requirements for impeachment of a governor, but if this ongoing, long-term, by-design corruption pissing away millions of tax dollars doesn't qualify, it ought to.

Of course nothing at all will be done.

timby
Forum Addict
Posts: 118
Joined: Sat May 08, 2010 7:40 pm
Location: Eastmorland

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby timby » Fri Apr 22, 2016 2:51 pm

snoqueen wrote:I don't know anything about the legal requirements for impeachment of a governor


In Wisconsin, a majority of the members of the Assembly must vote to impeach; the criteria under the state Constitution are "corrupt conduct in office, or for crimes and misdemeanors."

Which is to say ... yeah, that ain't happening anytime soon.

Henry Vilas
Forum God/Goddess
Posts: 25333
Joined: Wed Sep 04, 2002 8:57 pm
Location: Name sez it all
Contact:

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby Henry Vilas » Sat Apr 30, 2016 2:07 pm

Gov. Walker struggles to explain why WEDC hasn't clawed back money from companies that outsourced

Governor Scott Walker (R-Wisconsin) struggled Friday to explain why the Wisconsin Economic Development Corporation (WEDC) has failed to recover any taxpayer money given out to companies that have outsourced Wisconsin jobs, despite past claims he'd asked them to do that.
...
But on Thursday, a WEDC spokesperson confirmed no money has been recovered to date.


But he tried. Maybe he'll cut more state aid for public education to make up for the uncollected taxpayer money.

Henry Vilas
Forum God/Goddess
Posts: 25333
Joined: Wed Sep 04, 2002 8:57 pm
Location: Name sez it all
Contact:

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby Henry Vilas » Fri May 27, 2016 10:06 am

State overpaid more than $412,000 in tax credits

The Wisconsin State Journal reported the detail came out in a review by the Wisconsin Economic Development Corp. The agency first revealed the tax credit issue at a board meeting last month, but Thursday's report was the first time the size of the problem was detailed.

The agency is reviewing 222 tax credits awarded since 2006 over the way jobs were counted. Based on 18 awards checked so far, more than $448,000 in over-awarded credits. About $36,000 was under-awarded.

With so many more credits to check, the overage may go significantly higher.

Henry Vilas
Forum God/Goddess
Posts: 25333
Joined: Wed Sep 04, 2002 8:57 pm
Location: Name sez it all
Contact:

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby Henry Vilas » Sat Mar 11, 2017 4:58 pm

Lawmakers reintroduce bill to make WEDC fraud a felony

About time. But such a bill failed before.

A similar bill last session failed to receive a hearing in a Senate committee.


If it does reach Walker's desk will he sign it?

Henry Vilas
Forum God/Goddess
Posts: 25333
Joined: Wed Sep 04, 2002 8:57 pm
Location: Name sez it all
Contact:

Re: Gov. Walker's WEDC "Loses" over $8 Million in Loans

Postby Henry Vilas » Thu May 18, 2017 10:15 am

How's this for economic development?

The state has received the worst scores in the U.S. for new business creation from the foundation since 2015. The last-place rankings have been a source of hand-wringing for policymakers and other figures in the state’s entrepreneurial economy, and have spurred forums and panels about what the state can do differently.

In the latest report released Thursday, Wisconsin’s score is even lower than last year’s. The state immediately ahead in the rankings, Alabama, outpaces the Badger State by a considerable margin.


Return to “Local Politics & Government”

Who is online

Users browsing this forum: No registered users and 5 guests