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No & yes, respectively. > In 2018, the Walker administration shifted up to $90 million in local road funding to road work related to the Foxconn factory.
by mburns 7y ago
No & yes, respectively.
> In 2018, the Walker administration shifted up to $90 million in local road funding to road work related to the Foxconn factory.
- randyrand 7y agoThats a good data point. So it cost the state at least $90 million. I'm much more in favor of using these types of data points to determine cost, rather than the subsidy "cost".
- bilbo0s 7y agoThere's also a loan out to Mt Pleasant for roughly $750 Million. Wisconsin tax payers have to pay that back whether or not Foxconn actually does anything. It's a sunk cost at this point. The bank's gonna want their money back. (Though I'm not totally clear where all that money went.)