Gov. Walker releases Capital Budget - WAOW - Newsline 9, Wausau News, Weather, Sports

Gov. Walker releases Capital Budget

MADISON (PRESS RELEASE) -- Gov. Walker released his Capital Budget Monday afternoon, which he says "aggressively uses the funds available to us to maintain state buildings, plan for growth, and most importantly create jobs.

Gov. Walker says it's estimated that each $100 million of construction spending adds $340 million to the economy and creates or sustains 2,850 jobs. Fifty percent of construction budgets are labor costs and $110 million of the economic activity is in personal earnings. In total, the 2011-2013 recommendations would generate $3.7 billion in economic activity and create or sustain approximately 31,000 jobs.

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