Politics & Government
1:00 am
Thu January 9, 2014

Joint Finance Funds WEDC For Another Year

The Joint Finance committee Wednesday approved second-year funding for WEDC
Credit bcdixit

The Legislature's Joint Finance committee has decided to release about $60 million to Gov. Scott Walker’s embattled jobs agency.  The vote was 11-4, along party lines.

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Economy & Business
10:57 am
Wed October 30, 2013

WEDC Readjusts Its Numbers

Wisconsin's job-creation agency says its goal last year to create 50,000 jobs was overly optimistic, so its goal for this year is 20,825 private sector jobs.

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Politics & Government
3:53 pm
Wed May 29, 2013

Venture Capital Plan would Exclude Troubled Job Creation Agency

State lawmakers who back the creation of a venture capital fund have changed their original proposal.

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Politics & Government
4:47 pm
Fri May 10, 2013

Two Legislative Committees Grill WEDC

Legislators are looking into a variety of ways to rein in the economic agency, in the wake of a scathing report from the nonpartisan Legislative Audit Bureau
Credit flickr/alumroot

Two legislative panels sunk their teeth into the Wisconsin Economic Development Corp. on Thursday. A state audit has revealed evidence that WEDC gave taxpayer money to ineligible recipients and did not properly track loans and grants.

The Joint Finance committee voted to give WEDC $59M in the 2013-14 state budget but nothing in 2014-15 unless it improves.

The Joint Audit committee grilled WEDC executives for more than four hours.

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Politics & Government
10:44 am
Fri May 10, 2013

Walker Gives WEDC Vote of Confidence in Light of Criticism

Gov. Scott Walker says his job creation agency overall is doing good work
Credit Eric Thayer/Getty Images

Gov. Scott Walker on Wednesday presided over an emergency meeting of the board of the Wisconsin Economic Development Corporation, or WEDC.

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Politics & Government
11:12 am
Wed May 8, 2013

Watchdog Group Warned of Potential Problems Prior to WEDC Creation

The executive director of a Washington DC watchdog organization published a report prior to the creation of WEDC warning of potential transparency and accountability problems with similar public-private economic developments groups elsewhere.

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