(H/Ts – Owen and WisPolitics)
Assembly Speaker Mike Huebsch released a memo from the LFB comparing spending increases over the FY2007 portion of budget doubled for the various budget plans. The middle chart, showing just the General Purpose Revenue increases without the new segergated funds that would have been created in the first 3 proposals (the governor’s original, the Joint Finance Committee, and the Senate’s), is completely worthless because those new segergated funds disappeared starting with the Assembly’s proposal, but allow me to repost the relevant numbers from the other two charts for you:
All spending, which includes all that cash from the federal taxpayer trough (FY2007 base times 2 – $53,673,360,200):
- Governor’s original plan – An increase of $4,563,146,100, for a 2-year percentage of 8.5% and an annualized percentage of 4.2%.
- JFC’s plan – $4,440,511,200, 8.3% over 2 years, 4.1% annualized.
- Senate’s plan (with Healthy-and-Depopulated Wisconsin) – $12,433,308,700 (and the $7,600,000,000 portion that would have been spent on H&PW is just for the last 6 months), 23.2% over 2 years, 11.0% annualized.
- Assembly’s plan – $2,628,330,200, 4.9% over 2 years, 2.4% annualized.
- Doyle’s first revision (with additions made by the Senate, including the transportation budget not included in Doyle’s revision) – $4,452,896,700, 8.3% over 2 years, 4.1% annualized.
- The Munich Acco…er, Grand Compromise – $3,561,071,400, 6.6% over 2 years, 3.2% annualized
Spending from GPR + “new SEG” funds, which are funds that directly to Madison, and which does not and would not include H&DW (FY2007 base times 2 – $26,622,083,800):
NOT in the memo and included just for comparison because this deals with spending, not taxation – Growth in taxation without a single vote for “new” taxes or fees (to the nearest $100 million) – $1,200,000,000, 4.5% over 2 years, 2.2% annualized.
- Governor’s original plan – $1,633,079,100, 6.1% over 2 years, 3.0% annualized.
- JFC’s plan – $1,618,446,400, 6.1% over 2 years, 3.0% annualized.
- Senate’s plan (again, H&PW is documented above and not here) – $1,776,652,900, 6.7% over 2 years, 3.3% annualized.
- Assembly’s plan – $1,193,792,900, 4.5% over 2 years, 2.2% annualized.
- Doyle’s first revision (with additions made by the Senate, including the transportation budget not included in Doyle’s revision) – $1,614,013,700, 6.1% over 2 years, 3.0% annualized.
- The Munich Acco…er, Grand Compromise – $1,593,003,100 – 6.0% over 2 years, 3.0% annualized.
I resubmit that it is an all-but-complete win for Doyle and the ‘Rats. While it is true that total spending is significantly less than what was originally proposed by both Doyle and the JFC, almost all of that is a result of taking less from the taxpayers of the entire country. The spending of Wisconsin taxpayer dollars is only $25,413,300 less than what came out of the Joint Finance Committee and $40,046,000 less than what Doyle wanted in the first place. To contrast, that spending is $399,210,200 more than what the Assembly wanted.
My calculator shows that Doyle got 90.9% of the difference. That, combined with both the present and future tax increases to pay for the excesses of Doyle’s spending in this and previous budgets, gives the ‘Rats a knockout win, and that’s before the worse-than-worthless KRM is added in.
Revisions/extensions (12:40 am 10/24/2007) – Forgot a few zeroes in the H&DW cost.