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• Governor Doyle Hopes To Fix Tobacco Money Mistake 

Jump to full article: Associated Press (AP), 2007-01-28

Intro:

He opposed it when it happened, used it as a plank of his successful 2002 gubernatorial campaign, and now hopes to fix it.

Governor Jim Doyle just can't get over what Wisconsin did with its share of a multistate tobacco settlement.

What Wisconsin lawmakers did, with the approval of then-Governor Scott McCallum, was sell the state's tobacco settlement to investors to plug a budget hole.

Doyle was attorney general at the time and wanted it instead to go toward anti-smoking efforts.

Doyle now wants to turn back the clock and try again. He intends to refinance the bonds that were purchased with the settlement money. He says that will net the state $600 million.

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