By Tim Fernholz
Wednesday, February 23, 2011
National Journal
Why now?
Wisconsin Gov. Scott Walker has sparked massive protests by proposing to curtail public-employee unions and give his administration the power to cut back health care and sell state public utilities through no-bid contracts.
But while Walker argues that his budget-repair legislation must be passed soon to avoid job cuts, the most controversial parts of his bill would have no immediate effect.
The state’s entire budget shortfall for this year -- the reason that Walker has said he must push through immediate cuts -- would be covered by the governor's relatively uncontroversial proposal to restructure the state’s debt.
By contrast, the proposals that have kicked up a firestorm, especially his call to curtail the collective-bargaining rights of the state's public-employees, wouldn't save any money this year.
(Original here.)
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