After months of negotiations over a new downtown Milwaukee arena, now the real fun begins.
As you probably know by now, Gov. Scott Walker and legislative leaders have called a press conference for 3:15 in Madison today to announce the details of an arena public financing package that will be submitted to the legislature's Joint Finance Committee. Late in the morning word broke that at least two outstanding questions from earlier plans had been resolved: the Bucks would be on the hook for any cost overruns beyond $500 million, while the public debt piece would be capped at half that amount, $250 million.