Two states have already announced that they won't be using all of their share of the $25 billion allocated in Thursday's historic foreclosure settlement to pay its intended recipients -- the homeowners and borrowers who saw the housing market collapse beneath their feet.

Instead, in some areas, a share of those dollars is likely to be diverted to state budgets, in a bid to offset some of the massive deficits that states have been struggling with since the economic downturn, according to reports.

In Wisconsin, Governor Scott Walker and state Attorney General J.B. Van Hollen have announced plans to use $25.6 million of the settlement money -- about 18 percent of the $140 million Wisconsin will get in total -- to plug holes in the state's budget, according to the Milwaukee Journal Sentinel. As the MJS notes, this is a reversal of Walker's previous opposition to using legal settlements to close budget gaps.

Meanwhile, in Missouri, state Attorney General Chris Koster has said that he plans to put $40 million of Missouri's settlement money -- about 20 percent of the total $196 million -- into the general state fund, apparently in response to Governor Jay Nixon's call for a stronger college and university budget, Stateline reported.

In the wake of Missouri and Wisconsin's announcements to use the settlement funds for purposes other than directly assisting borrowers -- and with similar announcements possibly forthcoming from other states -- critics have begun comparing Thursday's deal to the 1998 tobacco settlement that saw some of the country's largest tobacco companies agree to pay $246 billion over the next 25 years to fund public-health initiatives.