Oh, You Knew This View Co-Host Was Going to Go There Regarding Marco...
The Democrats' Favorite Streamer Is Begging for a Defamation Lawsuit
Joe & Mika Display Platner Denialism; Time Magazine Zeroes in on the Big...
The Usual Suspects Are Attacking Queen Camilla for Meeting With J.K. Rowling
The FCC Chair Casts Doubt on ABC's Claim That 'The View' Is a...
Scott Jennings Says Clean Voter Rolls Are Just Common Sense
Gavin Newsom Got Testy With Reporters Who Asked About His Tax Returns
Two NYC Churches Were Firebombed, and Zohran Mamdani's Hasn't Said a Word
This Is the One Chart Democrats Won’t Want You to See
Garland Man Extradited From Qatar After Fleeing $1 Billion Fraud Charges
Six Charged in $20 Million Medicare, Medicare Fraud Scheme Involving NJ Pharmacy
Chinese National Sentenced to 70 Months for $2.2 Million Gift Card Laundering Scheme
Treasury Slaps Sanctions on Iran Supreme Leader's Personal Banker
Platner Officially Calls It Quits – But Exits With a Profane Far-Left Message
Charlotte Auto Theft Ring Leader Sentenced to 8 Years for Stealing Over 100...
Tipsheet

ICYMI: Walker's Act 10 Has Saved Wisconsin Billions

ICYMI: Walker's Act 10 Has Saved Wisconsin Billions

Republican Gov. Scott Walker found himself fighting for his political life when he proposed necessary reforms to Wisconsin’s labor unions in 2011. It prompted liberal forces in his state to mount a recall effort to remove him from office; they failed. Then, they failed to boot him during his 2014 re-election bid. Act 10 is, for all intents and purposes, here to stay–and it’s saved the taxpayers billions of dollars (via Watchdog):

Advertisement

…[D]espite all the dire predictions, Act 10 has proved a smashing success for Wisconsin taxpayers, according to a new analysis by the MacIver Institute.

The Madison-based free-market think tank’s report estimates taxpayers have saved $5.24 billion over the past five years, thanks to the law.

The analysis found that the state has saved $3.36 billion by requiring government employees to contribute to their government-backed pensions, and another $404.8 million by opening up employees’ health insurance to competitive bidding, among other cost controls. The savings have been widespread, across state and local governments.

Milwaukee Public Schools, for instance, saved a whopping $1.3 billion in long-term pension liabilities, according to the MacIver report. The University of Wisconsin System saved $527 million in retirement costs, the study found. And Medford School District recently realized an 11 percent decrease in the cost of its health insurance plan by opening it to competitive bidding.

The savings due to Act 10 breaks down to $2,291 for every household in Wisconsin, according to the analysis.

Advertisement

This is a great turnaround story, and it highlights Republican fiscal policy is good for American families. Sadly, in the year of Trump, it gained no traction when Walker decided to toss his hat into the 2016 ring. Then again, perhaps the governor jumped into that pool, not knowing how long he would have the tread water in the deep end. Prior to his 2010 victory, Walker was a county executive. County executive-to-governor-to a national presidential candidate is a massive leap in six years time. And it showed on the campaign trail. Walker is probably going to run for another term as governor, but as he gains experience, let’s not count him out of presidential politics just yet.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement