Wisconsin will find 74,000 new jobs (or saved jobs) in the American Recovery and Reinvestment Plan -- the so-called stimulus package costing $850 - $900 billion (whatever) proposed by President Barack Obama.
So sayeth National Economic Council Director Larry Summers, as the White House today released state-by-state data outlining the jobs impact of the program.
You can read it all here, and compare the Wisconsin job figures to other states (Illinois, 158,000, but still none for Rod Blagojevich; Michigan, 116,000).
Meanwhile, as we wait -- along with everyone else -- for the stimulus bill to be passed and parsed, or rejected and reformulated, Gov. Jim Doyle announced today that he is delaying introduction of the state budget by a week, from Feb. 10 Feb. 17, to give time for details of the state's share to come into clearer focus. Latest estimates say the federal bill will provide about $3 billion to the state -- biting a big chunk out of our expected $5.7 billion budget deficit.
The bill has passed the House -- no thanks to Rep. Paul Ryan, R-WI, 1st District, and awaits action in the Senate.
And, with full awareness that the Democratic Policy Committee is a partisan organization, here is their analysis of what the stimulus bill has in store for Wisconsin. Here's a detailed breakdown of how the state's approximately $3.1 billion would be allocated, if...