The Wisconsin State Senate voted yesterday to approve $250 million in public financing for a new Milwaukee Bucks arena. The final cost of the stadium is likely to be even greater, with the Milwaukee Journal-Sentinel pegging it at $400 million after interest.
If that number of $250 million is sticking in your head, it might be because that’s the same amount of money the Senate cut from the University of Wisconsin in its two-year budget passed last week. That budget also removed a restriction on workers putting in more than 7 days in a row and requires food stamp applicants to take a drug tests.
The Milwaukee Bucks team president claimed the NBA would have moved the team to Las Vegas or Seattle if they didn’t get a new stadium. Business and labor leaders from Milwaukee have been urging the state to agree to the public financing as a key to…
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