Apparently desperate times call for desperate measures from "The Desperado". What does one do when the state you're supposed to be governing inexplicably ends up with a $283m annual shortfall and a projected $2.2b deficit over two years? First you try cutting some unecessary waste. When that doesn't work you run away or deny it exists. In the end if you're Scott K. Walker you just kick it down the road.
Walker has been quiet about how he plans to fill a shortfall in the budget that ends June 30, saying he believes his administration can handle it internally. A memo from the nonpartisan Legislative Fiscal Bureau shows that part of the way the governor would do that is by delaying the repayment of $108 million in state debt this fiscal year.
State Rep. Gordon Hintz, D-Oshkosh, who asked for the Fiscal Bureau memo, said the only reason the state even faces a deficit is that Walker's policies created it.
(snip)
While it's unclear how much delaying this repayment will cost state government over the long haul, the Fiscal Bureau said it will cost the state roughly $1.1 million in extra interest payments in the next budget.
The Legislative Fiscal Bureau memo can be read in it's entirety
here.
8:38 PM PT: h/t to AnacharsisClootz for the Problems Lover idea. Sorry I had to unpublish briefly to edit with my cell phone.