Wis. Gov Walker on economic development: 'No excuses, we get results'
MADISON, Wis. (AP) — Gov. Scott Walker said Thursday he is recommitting to a $75 million economic development loan fund in his next budget, thought details of a highly anticipated investment capital plan remain under wraps.
Walker unveiled some parts of his agenda at an economic development conference, such as attracting international tourism and bolstering entrepreneurs in Wisconsin. But work on the biggest piece of his economic development agenda — the size and scope of a venture capital fund — remains a work in progress.
Walker reiterated his commitment to his 2010 campaign promise to create 250,000 private sector jobs by 2015, vowing not to back away from fulfilling it even in the midst of economic uncertainty that he says was created by protests over his collective bargaining proposal, his recall election and others, and the threat of going over the so-called fiscal cliff.
“In Wisconsin, we don’t make excuses, we get results,” Walker told state and local economic development officials meeting at a convention center near the Capitol.
Wisconsin ranked 42nd in private-sector job creation, based on the latest government data released last month and covering the 12-month period from June 2011 to June 2012.