Governor Walker signs Arena Deal Funding Bill at State Fair

The 2016 GOP presidential candidate has repeatedly argued that Wisconsin would lose significant income taxes should the franchise leave the state over its lack of a new playing arena.

Conservatives in recent years have feigned concern about corporate welfare, and this deal is really the ultimate expression of it: hundreds of millions of dollars from teachers, waitresses, factory workers and shop owners funneled to pay for an aristocrat’s show palace rather than needed public service.

Overall, I fundamentally support fiscally prudent legislation such as Senate Bill 209, which protects Wisconsin taxpayers, makes wise investments in our future, helps to grow our recovering economy and provides for new job growth opportunities.

Bucks president Peter Feigin said the team now expect to breaks ground for the new arena sometime in October or November, noting that the project will bring finally bring development to a long-dormant section of downtown.

“This wasn’t Republican or Democrat”, Walker said. “This is good for state of Wisconsin”, said Governor Walker.

“We know today we collect $6.5 million because National Basketball Association plays in state of Wisconsin”, said Walker.

The league’s warning came despite Milwaukee’s current arena, the 18,000-seat BMO Harris Bradley Center, receiving $3 million in renovations a few years ago, which included suite upgrades, a new hospitality bar and new theater-style seating sections.

Milwaukee County still needs to approve a land deal at the arena site. Experts have estimated the cost for taxpayers would be $400 million when considering interest.

The Republican had originally called for $220 million in state bonds to pay for the arena, but lawmakers balked at borrowing that much. The state’s share is capped at $80 million over the next 20 years, with southeastern Wisconsin officials covering the rest of the costs. Other conservative groups and blogs also criticized the deal.

“It’s critical not only for those who love sports, but the main reason I got into it was because it protected state revenues”, Walker said recently.

“When the chips are down, I’m not intimidated by anyone”.