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Letter from Sen. Vinehout: State Finances: Stuck in the Mud

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"Pardon my tardiness," I told the crowd gathered at a Town Hall Meeting. "I spent 20 minutes stuck in the mud." Rural folks nodded in understanding. Spring has turned many unpaved roads into mud.

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Stuck in the mud is an apt metaphor for Wisconsin state finances.

Debts and deficits; GAAP and gaps; bonding and borrowing; all these terms make it hard to follow what's happening with the state's fiscal health.

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