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Walker to announce terms of Bucks arena deal

MADISON, Wis. — Gov. Scott Walker is set to announce terms of a deal to pay for a new $500 million arena to keep the Milwaukee Bucks in Wisconsin amid concerns from Republican lawmakers about how much of the bill taxpayers will foot.

Walker, a likely presidential candidate, has been arguing for months that it will cost the state more in lost income tax revenue if the NBA pulls the Bucks from Milwaukee than it will to pay for a new downtown arena.

Walker took to Twitter on Thursday, ahead of the planned announcement at the state Capitol, to once again defend the deal, the terms of which have yet to be made public.