Economic development leaders support Walker’s move to keep WEDC’s loan program

Wisconsin`s public-private job creation and business growth agency would be able to issue loans once again under Gov. Scott Walker’s proposed budget.

Walker proposed phasing out the Wisconsin Economic Development Corporation’s loan program after a 2015 state audit found it failed to follow its own policies, costing the state millions of dollars. In a reversal with the proposed 2017-2019 budget, Walker would allow the agency to issue loans with money that’s been paid back from existing loans....

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Ken Notes: As I mentioned, I too support this just with a few caveats...