GOP Raids Transportation Fund for Foxconn |
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News |
Written by Wisconsin Senate, Kate Constalie |
Friday, 15 June 2018 15:00 |
http://newiprogressive.com/images/stories/S5/foxconn-mount-pleasant-s5.jpg MADISON, WI – After earlier reports exposed Republican plans to divert up to $90 million from state highway maintenance to fund Foxconn related projects, the Walker administration is doubling down on their transportation fund raid to subsidize the massive foreign corporation. Republican lawmakers on the Joint Finance Committee voted to shift millions more in transportation funds to projects associated with the Foxconn site rather than addressing the state’s massive backlog of road rehabilitation projects.
“Foxconn is the poster child for everything that the public detests about corporate tax giveaways,” added Shilling. “Republicans are selling out Wisconsin families in order to funnel billions of state taxpayer dollars to a foreign corporation with a terrible track record of workplace abuses and broken promises. Rather than delaying projects and diverting more transportation dollars to Foxconn, we should be working toward a long-term funding solution to fix Wisconsin’s crumbling roads, highways and bridges.” Foxconn is the largest state taxpayer giveaway to a foreign corporation in U.S. history. In less than a year, the public cost of this project has increased from an original estimate of $3 billion to over $4.5 billion. |
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