- Wisconsin Governor Scott Walker downplays any potential harm to Wisconsin's economy from the federal spending cuts set to take effect Friday.Walker calls the across-the-board cuts bad policy but says they would not economically crippling.Walker says he might be afraid if he was the governor of Virginia because of that state's large defense presence. He says Wisconsin doesn't have big military bases, and that Wisconsin's military contractors have already started to prepare.
The White House says Wisconsin stands to lose millions of dollars. It's trying to persuade Republicans in Congress to accept a deal that would include spending cuts and higher tax revenue.Walker says Republicans are right to insist that any deal be made up only of spending cuts, and not tax increases.(Copyright 2013 Associated Press - All Rights Reserved)
Story By: Associated Press