Walker’s State Financing of Bucks Arena Violates Wisconsin Constitution

Scott Walker Approves Public Funding of Basketball Arena

“Gov. Scott Walker of Wisconsin approved $250 million in public financing for a new arena for the Milwaukee Bucks basketball team on Wednesday, a deal exposing him to charges of corporate welfare as he seeks the Republican nomination as a fiscal conservative.” http://www.nytimes.com/2015/08/13/us/politics/scott-walker-approves-public-funding-of-basketball-arena.html?ref=us&_r=0

The Wisconsin Constitution prohibits the state from “lending its credit in aid of any individual, association or corporation.” (Article VIII, Section 3) And a closely-related provision (Article VIII, Section 4) provides “The state shall never contract any public debt except in the cases and manner herein provided.” There are no applicable exceptions.

Continues the Times article:

“’From the beginning we have questioned the role of the state, county and city in this plan,’ said Nick Novak, a spokesman for the MacIver Institute, a conservative research group in Wisconsin.”

“The Cato Institute, a libertarian group in Washington, has also denounced the public financing of the arena.”

 

 

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Published in: on August 13, 2015 at 9:18 am  Leave a Comment  

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