Last week, Wisconsin Gov. Scott Walker (R) announced that he would use the funds his state received from a $26 billion mortgage settlement between 49 states and the nation’s largest banks to help balance the state’s budget, even though the settlement money was marked to help homeowners. In all, Walker will use $25.6 million of the $31.6 million Wisconsin’s state government receives to help close a budget shortfall.
Though Walker’s move to push struggling homeowners aside may seem radical, it is now being followed by at least one other state. Missouri Gov. Jay Nixon (D) and Attorney General Chris Koster (D) have pledged to put $40 million of the state’s $196 million share of the settlement into the state’s general fund to boost its higher education budget, Stateline reports:
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2 comments:
Oh you dirty little so and so's.
Ripping off the people yet again.
You guys won't be happy until there are riots and gunfire in the streets. And this time civilians won't be the only ones falling down dead.
That is what they all are going to do with the money,just like the tobacco settlements.Citizens wont see a penny.
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