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Monday, July 19, 2010

Court to Rule on Fund Raid

Here’s yet another fun little pile of poo that Doyle is leaving to the next governor and legislature to clean up.

The Wisconsin Supreme Court is set to rule in a case that could blow a $200 million hole in the state budget.

The case to be decided on Tuesday will determine whether a $200 million transfer out of a medical malpractice fund to help balance the state constitution was legal.

If the court determines it wasn’t, lawmakers could be forced to return to Madison to deal with the budget implications.

The Wisconsin Medical Society, which represents doctors, is challenging the transfer in court, arguing it was unconstitutional.

Of course, some of us were pointing this out three years ago when it was first being considered.

UPDATE: You heard it here first.

4.Boom.  Court just ruled it was unconstitutional.

Posted by Mr. Pelican Pants on July 20, 2010 at 0753 hrs

(4) Comments
Posted by Owen at 1552 hrs
Law + Politics + Politics - Wisconsin

  1. “...balance the state constitution…”?  What the…??

    Posted by .(JavaScript must be enabled to view this email address) on July 19, 2010 at 1618 hrs


  2. History repeats itself, leaving problems for the next person in office: The Wisconsin pension fund was used by Thompson and the Democratic Legislature for $98 million to help keep Chrysler Corp. plants in Wisconsin.  Justice Ann Walsh Bradley said it amounted to ?taking of the plaintiffs? property without just compensation.?? The state may not unilaterally change the terms of the Wisconsin Retirement System contract. The breaking of the contract meant that the state eventually had to return $216 million to the pension fund.  President Obama’s supported bailout of Chrysler last year allowed the car manufacturer to close its Kenosha plant and move the jobs to Mexico.

    Posted by .(JavaScript must be enabled to view this email address) on July 19, 2010 at 1926 hrs


  3. I wonder what Recess Supervisor would like on his hat:

    1.Meh.  Though you’ve certainly done a nice job digesting the health care industry propaganda on this issue, I wouldn’t count on the doctors walking away with this one easily.  LFB did a nice review of the legal issues a few years ago.

    Oh yeah - Brett Davis voted for that theft, not once but twice.

    Posted by steveegg on July 20, 2010 at 0635 hrs


  4. Boom.  Court just ruled it was unconstitutional.

    Posted by .(JavaScript must be enabled to view this email address) on July 20, 2010 at 0753 hrs


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