Budget

News Release | WISPIRG | Budget, Transportation

Transportation Budget Brings Much-Needed Scrutiny to Questionable Highway Projects

The legislature’s Joint Finance Committee has taken a decisive step towards profoundly reforming Wisconsin’s transportation spending priorities. As part of the JFC’s budget motion approved today, legislators are calling for an audit of the Wisconsin Department of Transportation’s State Highway Program, and of WisDOT’s shaky traffic projections that have led to billions of dollars spent on questionable highway expansion projects over the past decade and a half.

News Release | WISPIRG | Budget, Transportation

Coalition Urges Budget Committee to Stop I-94 Expansion, Save Taxpayers Hundreds of Millions

In a letter delivered to the state legislature's budget committee, a coalition of 25 statewide and local organizations is urging the Joint Finance Committee not to give the go-ahead to an $850 million expansion of I-94 in Milwaukee currently being considered by the Wisconsin DOT.

Letter to Joint Finance Committee: Stop Expansion of I-94 in Milwaukee

In a letter delivered to the state legislature's budget committee, the Coalition for More Responsible Transportation is urging the Joint Finance Committee not to give the go-ahead to an $850 million expansion of I-94 in Milwaukee currently being considered by the Wisconsin DOT.

News Release | WISPIRG | Budget, Transportation

As Budget Committee Prepares to Vote on Transportation, Groups Call for Less Debt, More Investment in Local Infrastructure

Wisconsin legislators could save taxpayers half a billion dollars by putting unnecessary highway expansion projects on hold, according to an alternative budget proposal released today by Wisconsin advocacy groups.

Report | WISPIRG | Budget, Transportation

Wisconsin’s Transportation Budget

As statewide transportation trends change and infrastructure throughout Wisconsin crumbles, demands on the state’s transportation budget are growing. The proposed 2015-17 biennial transportation budget recommends increasing bonding for transportation to a total of $1.3 billion for the next two years, while failing to address crucial transportation needs -- particularly at the local level. Wisconsin needs a more responsible alternative.

News Release | WISPIRG Foundation | Budget, Transportation

New Report Finds Drivers Pay Less Than Half the Cost of Roads

As state lawmakers prepare to debate Wisconsin’s transportation budget and Congress struggles to renew the federal transportation law, a new report from WISPIRG Foundation and Frontier Group finds that drivers currently pay less than half the total cost of roads nationwide, and argues that while increasing gas taxes could temporarily fill the transportation funding shortfall, it would leave other, deeper problems unaddressed.

Report | WISPIRG Foundation | Budget, Transportation

Who Pays for Roads?

Many Americans believe that drivers pay the full cost of the roads they use through gas taxes and other user fees. That has never been true, and it is less true now than at any other point in modern times.

The time has come for policy-makers to recognize something that has been true for years, but is especially true today: we all pay for America’s roads. Short-term funding patches—even modest increases in the gas tax—won’t change that. Nor will they be enough to enable America to achieve a 21st century transportation system. Doing so will require bold rethinking of how we raise transportation money and how we spend it in the years to come.

News Release | WISPIRG | Budget

Congressional Omnibus-Bill would gut Wall St. Reform, allow for more Special Interest Spending

The omnibus appropriations bill nearing a vote on the floor of Congress contains “riders” that would repeal a key section of the 2010 Wall Street Reform bill and further increase the influence of Big Money in elections by raising contribution limits to party committees.

“This backdoor, backroom effort will repeal protections for taxpayers and Main Street, and further empower billionaire megadonors in our elections," said Peter Skopec, WISPIRG Campaigns Director.

Report | WISPIRG Foundation | Budget

Offshore Shell Games 2014

Many large U.S.-based multinational corporations avoid paying U.S. taxes by using accounting tricks to make profits made in America appear to be generated in offshore tax havens – countries with minimal or no taxes. By booking profits to subsidiaries registered in tax havens, multinational corporations are able to avoid an estimated $90 billion in federal income taxes each year. These subsidiaries are often shell companies with few, if any employees, and which engage in little to no real business activity.  

News Release | WISPIRG Foundation | Budget

Study: 70% of Fortune 500 Companies Used Tax Havens in 2013

Tax loopholes encouraged more than 70 percent of Fortune 500 companies – including Johnson Controls here in Wisconsin – to maintain subsidiaries in offshore tax havens as of 2013, according to “Offshore Shell Games,” released today by WISPIRG Foundation and Citizens for Tax Justice. Collectively, the companies reported booking nearly $2 trillion offshore for tax purposes, with just 30 companies accounting for 62 percent of the total, or $1.2 trillion.

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