Suffolk Study: Walker collective bargaining bill saved Wisconsin taxpayers more than $1 billion

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American Thinker:

Scott Walker's campaign to avoid a recall on June 5 will receive a boost this week when a study performed by the Institute of Public Policy Research at Suffolk University is released showing that Walker's signature legislation reforming union collective bargaining will save state taxpayers more than a billion dollars.

Wisconsin Reporter:

Act 10, which curbed collective bargaining for most unionized public employees, in the whole has saved taxpayers more than $1 billion, according to The Economic Impacts of the Wisconsin Budget Repair Act. The study is slated for release this week by Beacon Hill Institute, a prominent free market think tank.

What the analysis found is that without the law, which in part requires covered public employees to contribute more to their benefits and holds wage increases to the rate of inflation, Badger State governments would have been forced to raise taxes or make deep job cuts to meet budget expenses.

As it was, Gov. Scott Walker and the Republican-controlled Legislature pushed through reforms and reductions that filled a $3.6 billion budget shortfall, although organized labor asserts Republicans balanced the budget on the backs of public employees.

The measure drew the ire of organized labor and the Democratic Party, with tens of thousands of protesters packing the Capitol. Ultimately, it was the Walker-led reforms that launched a recall campaign in which the governor in two weeks must defend his term at the polls, facing Milwaukee Mayor Tom Barrett in a historic gubernatorial recall election.

The Beacon Institute analysis argues the law may have been controversial, even divisive, but there's no disputing its benefit to taxpayers.