WEDC Foots Taxpayers With $1 Million Loan Given To Conman |
News - Articles for State & Local |
Written by Democratic Party of Wisconsin, Courtney Beyer |
Thursday, 12 July 2018 11:20 |
http://newiprogressive.com/images/stories/S5/walker-open-for-business-s5.jpgTaxpayer-funded loan to Green Box LLC and its owner Ron Van Den Heuvel who promised to create 116 jobs but delivered none. WEDC's mismanagement casts more doubt on Foxconn deal. MADISON - While Wisconsinites continue to raise concerns over Foxconn’s long history of broken job promises and the mounting $4.5 billion taxpayer giveaway to bring them here, Scott Walker’s troubled jobs agency, which also approved the Foxconn deal, has decided to write off a $1.1 million debt owed by a fraud convict. “If your agency can’t enforce a $1 million loan, why should Wisconsin taxpayers trust you with a $4.5 billion giveaway to a foreign corporation with a bad track record?” asked Martha Laning, chair of the Democratic Party of Wisconsin. “While Scott Walker and WEDC have been playing it fast and loose with taxpayer money, the needs of hardworking Wisconsinites have been left behind. Wisconsin families need fully-funded classrooms for their children and safe and dependable roads to drive on, not more of Scott Walker’s costly broken promises.” Green Box LLC and its owner Ron Van Den Heuvel were supposed to use the taxpayer-funded loan to create 116 jobs, but records show that the funds were instead used on a number of luxury expenses like golf memberships and a new Cadillac Escalade. Walker’s WEDC has been plagued by scandal since its creation seven years ago -- the agency has lost track of millions of taxpayer dollars and even gave subsidies to companies that outsourced Wisconsin jobs. |
Last Updated on Thursday, 12 July 2018 19:22 |