Conservatively Speaking
State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
Wisconsin ill-equipped to handle recession
By Mary Lazich
Friday, Feb 8 2008, 07:32 AM
If a recession does hit America, Wisconsin will be less prepared to handle the economic downturn than most other states.
That is the assessment of the non-partisan Wisconsin Taxpayers Alliance (WISTAX).
A new report by WISTAX says:
“Unlike most states, which amassed major surpluses in recent years, Wisconsin has little with which to withstand a recession. While state governments around the country have combined 2007-08 surpluses of almost $46 billion, Wisconsin may be facing a $400-million revenue shortfall with only $124 million in reserve.”
Here are more details from WISTAX.
