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Billionaire Bucks Owners Get $250 million For New Arena

The billionaire laden ownership group that controls the Milwaukee Bucks got their $250 million government subsidy approved on Wednesday for a new arena, but not everyone was happy about it as reported by Alice Ollstein in Think Progress.

Wisconsin Governor and Republican presidential candidate Scott Walker will sign a bill Wednesday finalizing his controversial plan to spend $250 million in state, county and city funds — plus tens of millions more in interest and future tax breaks — on a new basketball arena for the Milwaukee Bucks.

“Government shouldn’t be in the business of financing private sports stadiums,” said the Koch brothers-backed group Americans for Prosperity Wisconsin.