Gov. Scott Walker called for “dramatic moves” Thursday in the wake of revelations that his flagship jobs agency had for more than a year lost track of $8 million in past due loans.
The revelation this week was just the latest embarrassment for the Wisconsin Economic Development Corporation since Walker created it after taking office last year. It is also under scrutiny from the federal Department [of] Housing and Urban Development for failing to follow federal law and state policies in issuing economic development grants. And it was criticized for offering tax credits to a company bidding on a state contract.