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Is Wisconsin ‘broke’? Answer is in the eye of the beholder, experts say

In his inaugural budget address, Gov. Scott Walker stood before a joint session of the Legislature and delivered the somber news: We?re broke.”

Too many politicians have failed to tell the truth about our financial crisis,” he said. “The facts are clear: Wisconsin is broke and it?s time to start paying our bills today so our kids are not stuck with even bigger bills tomorrow.”

Quoted: Andrew Reschovsky, a professor of public affairs and applied economics at UW-Madison’s La Follette School of Public Affairs