Wisconsin governments are accumulating a lot of debt. That's according to a report from the Wisconsin Taxpayers Alliance, which shows the state is 14th highest in the nation for spending on debt interest.
Alliance President Todd Berry says total debt for all levels of government in the state is approaching $40 billion. He says that's almost $7,000 per person, which means government is spending more on debt service than it is on areas such as natural resources and infrastructure.
Berry says school bonding is a major reason for the increased debt. Also, he says the state has been borrowing more money for road projects to cover for raids in the transportation fund to balance the budget.
