State Senate President Fred Risser has been in office for 50 years, but he's never seen budget problems such as the ones facing the state right now.
The Madison Democrat says it will take two million dollars a day in new revenue, or spending cuts, just to balance the budget by the end of the current biennium, next June.
Risser says the problems could grow worse, as lawmakers try to figure out how to plug a $5.4 billion hole in the budget for the next biennium. He says that could require the state to come up with an extra $7 million a day in revenue for the next two years.
Statistically speaking, Risser says it's as bad as he's ever seen the state's financial situation.
