- Update: 8/18/17, 5:10pm
The Wisconsin state Assembly has passed a $3 billion tax break package for Taiwan-based electronics giant Foxconn Technology Group.
The bipartisan vote Thursday now sends the bill to the Senate, where it must also pass in identical form before it goes to Republican Gov. Scott Walker.
The Assembly passed the measure on a 59-30 vote, with three Democrats joining 56 majority Republicans in support. Twenty-eight Democrats and two Republicans voted against it.
The vote comes just three weeks after President Donald Trump and Walker announced the deal for Foxconn to invest up to $10 billion on a display panel manufacturing facility in Wisconsin. It could employ up to 13,000 people, an opportunity that Trump and Walker have described as transformational.
But opponents question the cost to taxpayers and weakening of environmental protections.
Original Story 8/17/17, 5:00pm
A $3 billion tax break bill for Taiwan-based electronics giant Foxconn Technology Group is poised to pass the Wisconsin Assembly on a bipartisan vote.
Democratic state Rep. Cory Mason said during debate Thursday that he intends to vote for the bill. He is the first Democrat to publicly say he will back the measure that is being championed by Gov. Scott Walker and fellow Republicans.
Most Democrats have assailed the measure, saying it's a corporate welfare giveaway that weakens environmental standards and doesn't have enough protections for workers.
The plant that Foxconn said could employ up to 13,000 people would be located near Racine, where Mason is running for mayor.
He says the measure is not perfect, but the prospect of thousands of jobs is too good to pass up.
|Story By: Associated Press