Regular readers know that state finances were worse than the Doyle administration admitted during its eight years of fiscal incompetence. But state finances are also worse than the Walker administration admits now.
The proof is the state’s Comprehensive Annual Fiscal Report, an inch-thick annual tree-killer that summarizes the differences between politicians’ claims about the state’s fiscal health, and the reality of the state’s fiscal health.
The differences lie in correctly measuring state finances, as the Wisconsin Taxpayers Alliance explains:
A recent WISTAX publication mentioned that Wisconsin Medicaid spending increased 87% from 2006 to 2011!