MADISON - The board that oversees Wisconsin's pension funds has rejected a request from the head of Gov. Scott Walker's semi-private economic development agency to invest $200 million to help startup businesses.
Wisconsin Economic Development Corp. head Reed Hall asked the State of Wisconsin Investment Board in November for the venture capital seed money in November. The board rejected the request, saying that the use of pension funds to pay for economic development initiatives "does not meet our fiduciary duty."
The request for funding as well as SWIB's response is contained in a report submitted by SWIB in December. The Wisconsin Reporter website was the first to report on it.
Hall made the request when he was the interim head of WEDC. Last week Walker named him as the permanent head.
- If you've ever voted before, you've likely seen the Eagle voter machine take your ballot. But those machines need to be tested before every election to make sure they're working properly. We'll show you how that's done tonight at 5, 6 and 10.
- Plus, an Antigo High School graduate is now a student manager for the Wisconsin Badger Basketball team. We'll tell you his story.
We'll have the details on these stories and more tonight on Newswatch 12 - news from where you live.
MINOCQUA - Channeling your child's energy can be quite a task. The Family Resource Connection from Children's Hospitals of Wisconsin has found a way to combine music and movement to stimulate your child's development.
The Music Garden program is designed to awaken your child's imagination while celebrating the remarkable bond shared between you.
IRON COUNTY - Humans aren't equipped for single-digit and sub-zero temperatures, but huskies definitely are.
During cold snaps like this week, dog sled drivers can't pass up an opportunity to take the dogs out running—dog sledding or skijoring.
MJ Slone and Chad McGrath in Springstead have 11 huskies at their home. All the dogs are from shelters or families that can't take care of them anymore.
"It was often a sled driver with a team who had maybe 30, 40, 50 dogs and one dog wouldn't fit the team anymore or teams so we would get it," said McGrath.
For Slone and McGrath, taking in dogs started more than 20 years ago.
"Well, I brought home a pup from Alaska because I had worked up there doing some consulting work," said Slone. "My idea was to skijor, which was a fairly new thing in 1990 in the U.S….And then I realized dogs don't like to run alone, so I got another dog….and then I got another dog."
These dogs aren't competitive —they're mostly for recreational racing. Slone and McGrath host outdoor groups and school kids for sled dog racing throughout the winter. They encourage people to get out and try these sports during the winter, even if it's bitterly cold.
"It's the partnership with the dogs," Slone said. "They bring an enthusiasm to your life that you just can't get….They are always happy to see you."
MILWAUKEE - Democratic Party leaders say Milwaukee was chosen to host the presidential debate because of the state's battleground status in the Midwest.
Democratic National Committee Chairwoman Debbie Wasserman Schultz says she expects Democrats to do well this fall in Wisconsin considering the position of the Republican field, which she says is far to the right.
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