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Evers to Trump: Wisconsin Faces More Than $2 Billion Revenue Loss Due to COVID-19
By Wisconsin School Administrators Alliance staff | April 16, 2020
From WisPolitics.com . . .
Gov. Tony Evers told the White House his administration estimates state revenues will drop more than $2 billion over the next year in the wake of COVID-19.
Evers joined Dem Govs. Gretchen Whitmer, of Michigan, and Tom Wolf, of Pennsylvania, in pitching President Trump to support a call from the National Governors Association to provide $500 billion in budget stabilization funds to replace lost state revenues.
In a letter dated yesterday, the three appealed for the “maximum flexibility possible” for the money so it can be used beyond costs tied directly to COVID-19 related expenses.
The president has already signed a federal stimulus package that will send an estimated $2.3 billion to Wisconsin, including $1.9 billion to the state. But that money is designated for unbudgeted costs related to dealing with the COVID-19 pandemic, such as personal protection equipment and ventilators.
The letter, the first public accounting from the Evers administration of a possible revenue drop, adds “this significant revenue shortfall will damage the state’s ability to respond to the economic crisis faced by our workers and businesses.” It also says Wisconsin is already experiencing major job losses with the unemployment rate estimated at 15 percent.
The three guvs — who represent key states in this fall’s presidential election — wrote the “magnitude of the crushing economic impact this virus has had on our states and residents cannot be overstated.” Without additional aid from the federal government, “the damage to our state economies will be exacerbated by the cuts we know we will be forced to make.”
Read the letter here.
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