Foxconn Devours Tens of Millions from State’s Road Repair Budget | FREE WHITEWATER
FREE WHITEWATER

Foxconn Devours Tens of Millions from State’s Road Repair Budget

Foxconn has been much touted in Whitewater, with the local business lobby bringing in a longtime political operative to flack the project at a local restaurant. One now reads that Foxconn is devouring funds needed for communities’ road repairs:

A new road project serving the $10 billion Foxconn plant in Racine County could reduce funding for other state roads by as much as $90 million in the current budget, according to the Legislative Fiscal Bureau.

The reduction leaves state highway rehabilitation funding as much as $870 million short of the $2.4 billion per biennium the Department of Transportation estimates is needed to maintain road conditions at current levels for the next decade.

Via  Funding for state roads down as much as $90 million due to Foxconn project.

See also The Man Behind the Foxconn Project10 Key Articles About Foxconn, and Foxconn Deal Even Worse Than Most State Capitalism.

 

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