Wisconsin lacks adequate funds to weather moderate recession

Wisconsin would lack adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

If a moderate recession were to strike, Wisconsin would face a shortfall equaling 4.8 percent of its total 2019 revenues, the analysis says. That’s the 11th worst outcome among the 50 states, according to Moody’s Analytics...