UW-Stevens Point economist discusses the state budget surplus
11/23/2012
WAOW Channel 9 Wausau
By Cassandra Vinch
 
New numbers show positive signs for Wisconsin's current two year budget. The findings show hundreds of millions of dollars in surplus.
 
The budget cycle is set to end in June. Governor Scott Walker's administration says the state will be coming out ahead.
 
In a statement, Walker's spokesperson said "because of the decisions made last year, the current budget we are operating under was rated credit positive and Wisconsin's fiscal outlook has improved."
 
Randy Cray, chief economist at UW-Stevens Point, says an improving economy can lead to a surplus.
 

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