How Large Is Wisconsin's Budget Gap for the 2011-13 Biennium?

Abstract

With adjustments to the Legislative Fiscal Bureau's July 2010 determination of Wisconsin's fiscal condition at the beginning of the upcoming biennium, the author estimates as much as a $3 billion structural fiscal deficit for 2011-13. He adjusts the LFB number for to account for both increases in the costs of providing public services and the additional revenues that economic growth will generate.