Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Still In Wisconsin

(4,450 posts)
Tue Jul 7, 2015, 09:45 PM Jul 2015

Republicans backtrack on another eleventh hour provision hidden in the budget bill

This time they tried to change the makeup of the committee that oversees the Wisconsin Retirement System that covers all state employees and is generally regarded as the most financially sound of its kind in the nation. Walker wanted to change from the current system that ensures representation from private citizens and from members of the minority party to a simple system in which a ten member panel of political appointees with no requirement regarding party affiliation would have had total control. This would have given Walker the ability to raid the state pension fund to "balance" the budget any time he wants. Walker did just that when he was Milwaukee County Executive to balance his budget while he ran for Governor. The county employees later won a lawsuit and Milwaukee County had to pay back the money with 12% interest (after Walker was gone of course).

Anyway, after a swift and loud outcry from former and current state employees the provision was quickly pulled back. Same crap, different day.

More here from WPR:

http://www.wpr.org/changes-wisconsin%E2%80%99s-retirement-system-committee-be-pulled-budget

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Republicans backtrack on another eleventh hour provision hidden in the budget bill (Original Post) Still In Wisconsin Jul 2015 OP
Yes, and as I said before Lifelong Protester Jul 2015 #1
Does it ever end? Kevin from WI Jul 2015 #2
more articles to read about #wibudget riversedge Jul 2015 #3

riversedge

(70,242 posts)
3. more articles to read about #wibudget
Wed Jul 8, 2015, 08:24 AM
Jul 2015


FYI--posting for References


What's hot

Trending
Most read
Shared

Scott Fitzgerald: Scott Walker's office was involved with open records changes : Ct
Republicans yank budget proposal to change state retirement system oversight panel : Wsj
Scott Walker's office helped draft changes to open records law : Wsj
Update: Republicans abandon changes to state Retirement Systems : Ct
John Nygren, Robin Vos defend open records law changes : Wsj


Read more: http://host.madison.com/news/local/govt-and-politics/john-nygren-robin-vos-defend-open-records-law-changes/article_5f73f8f9-da99-5c20-b4d5-e7e674053bb5.html#ixzz3fIn7wkeX
Latest Discussions»Region Forums»Wisconsin»Republicans backtrack on ...