Vos Says No Policy in Budget, Unless It Helps PayDay Lenders

Incoming Joint Finance Committee Co-Chair Robin Vos (R-Rochester) has offered regular, nasally diatribes against the use of “non-fiscal policy” items in state budgeting. Here’s one, courtesy of the facebooks.

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Turns out, now that he’ll be heading the state’s budget writing committee, Vos will make exceptions to the rule. Particularly when it comes to an apparent plan by the new GOP majority to reduce regulations enacted last legislative session on the PayDay Loan and Title Loan industries. Says one Sunday newspaper:

“Rep. Robin Vos (R-Rochester), the incoming co-chairman of the budget-writing Joint Finance Committee, said he wants to minimize the amount of policy in the budget but would be open to considering changes to the payday loan industry through that process.”

If you’re going to flip-flop on your principles, there’s certainly no industry more appropriate to benefit from something like that than those who prey on the poor and working families who fall behind. Not to mention, Wisconsin was one of the absolute last states not to have any regulation on these merchants of misery.

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