Illinois State Budget

Former governor Pat Quinn speaks to reporters after attending a forum at Loyola University School of Law on Friday. (Credit: Mike Krauser/WBBM)

Quinn Slams Rauner Budget Plan As “Worst I’ve Ever Seen”

For the first time since leaving office, former Gov. Pat Quinn was back in the public eye, and he pulled no punches regarding his successor’s budget plans.

02/27/2015

Gov. Bruce Rauner presents his budget address to the Illinois General Assembly in Springfield, Illinois, on Feb. 18, 2015. (Credit: CBS)

At Issue: Analyzing Gov. Rauner’s Budget Plan

Watchdog groups from across the political spectrum agree Gov. Brucer Rauner’s new budget proposals grapple with the serious fiscal problems gripping the state, but they differ about whether the plans to cut billions in spending will fly.

02/20/2015

Gov. Bruce Rauner presents his budget address to the Illinois General Assembly in Springfield, Illinois, on Feb. 18, 2015. (Credit: CBS)

Rauner Calls For Billions In Budget Cuts

Delivering his first budget address since winning office last fall, Gov. Bruce Rauner said his plan would end “the irresponsible and reckless practices of the past.” He said lawmakers must be willing to make politically unpopular decisions to close a more than $6 billion budget hole next year.

02/18/2015

Illinois State Capitol

Lawmakers, Rauner Trying To Negotiate Fix For Budget Gaps

A day after outlining an ambitious agenda for his first year in office, Illinois Gov. Bruce Rauner Thursday was confronted with a state budget that is millions of dollars short for programs such as subsidized day care that are rapidly running out of money.

02/06/2015

Gov. Bruce Rauner delivers his first State of the State address. (Credit: CBS)

Rauner Says His Agenda Will Make Illinois More Competitive

Gov. Bruce Rauner laid out a first-year agenda Wednesday he said will help Illinois better compete with its neighbors, largely by stripping power from labor unions, shrinking the size of government and making the state more attractive to companies looking to create jobs.

02/04/2015

Gov. Bruce Rauner outlines his agenda after being sworn into office on Jan. 12, 2015, in Springfield, Illinois. Rauner is the first Republican governor in Illinois since 2003. (Credit: CBS)

Rauner Set To Lay Out His Solutions For Illinois’ Challenges

The Republican’s first State of the State address, scheduled for noon Wednesday before the General Assembly in Springfield, comes as some state agencies and programs already are running out of money this year and with Illinois facing an even greater budget gap next year.

02/04/2015

Gov. Bruce Rauner outlines his agenda after being sworn into office on Jan. 12, 2015, in Springfield, Illinois. Rauner is the first Republican governor in Illinois since 2003. (Credit: CBS)

Rauner Slams Quinn For Leaving Behind “Fundamentally Dishonest” Budget

Gov. Bruce Rauner had nothing but scorn for his predecessor on Friday, when he took questions from reporters about the transition process during his first weeks in office.

01/30/2015

Gov. Bruce Rauner outlines his agenda after being sworn into office on Jan. 12, 2015, in Springfield, Illinois. Rauner is the first Republican governor in Illinois since 2003. (Credit: CBS)

Rauner Previews 1st-Year Priorities: Cut Taxes, Medicaid

Gov. Bruce Rauner said he will propose a number of reforms to turn the state around, and indicated they would involve making Illinois more attractive to businesses while slashing spending on everything from health insurance for the poor to public-worker pensions and the state’s payroll.

01/23/2015

Mayor Rahm Emanuel announces a partnership between Von Steuben High School, the Illinois Institute of Technology, and Exelon, in order to help high school students earn college credit in science, technology, engineering, and mathematics. (Credit: Craig Dellimore/WBBM)

Emanuel To Rauner: Keep Your School Funding Promise

Mayor Rahm Emanuel pledged to hold Gov. Bruce Rauner to his promise to increase education funding, now that the Republican venture capitalist has been sworn in as governor.

01/13/2015

Gov. Bruce Rauner outlines his agenda after being sworn into office on Jan. 12, 2015, in Springfield, Illinois. Rauner is the first Republican governor in Illinois since 2003. (Credit: CBS)

Bruce Rauner Sworn In As Governor

Republican Bruce Rauner became the 42nd governor of Illinois and only minutes after being sworn, he enacted a statewide spending freeze.

01/12/2015

Illinois State Capitol

Topinka: Looming $2B Drop In Revenue A ‘Heart Attack’ For State Finances

Illinois Comptroller Judy Baar Topinka is warning of “a $2 billion collapse” next year when the state’s temporary income tax increase begins to roll back.

07/09/2014

Illinois State Capitol

Quinn Makes Minor Changes To $35.7B Budget

The Chicago Democrat cut $250 million for renovations to the state Capitol from the $35.7 billion spending plan, saying the state can’t afford to move forward with improvements this year. He also said he has directed state agencies to make additional cuts, including selling half the state’s 21 airplanes.

06/30/2014

Illinois State Senate

State Lawmakers Continue 2015 Budget Talks

Illinois lawmakers continued to grapple Wednesday with a new state budget, as Republicans ripped majority Democrats for spending beyond their means with a plan even Democrats acknowledge leaves “big unanswered questions” about the state’s finances.

05/29/2014

Illinois State Capitol

Illinois House Advances 2015 Budget

Having given up on extending Illinois’ temporary income tax increase — at least for now — the Illinois Legislature is moving forward with a scaled-back budget that could lead to layoffs, further delays in paying the state’s bills and a post-election vote to make the tax hike permanent or generate some other source of revenue.

05/27/2014

Illinois House Of Representatives

Democrats Regroup, Craft Budget Without Higher Tax

House Speaker Michael Madigan emerged from a Memorial Day caucus meeting and told reporters that he was dropping the idea of making the 5 percent income tax permanent — and crafting a budget blueprint that holds the line on spending but is not the “doomsday” plan the House overwhelmingly rejected on Friday.

05/27/2014

Illinois House Of Representatives

Lawmakers To Try Again After Budget Fails In House

House Speaker Michael Madigan said Friday that lawmakers will try again to draft a 2015 budget after the House overwhelmingly rejected a $34.5 billion budget that would have made deep cuts to schools and social services next year in a vote one Republican critic called “all theater.”

05/23/2014

Illinois State Capitol

Vallas Slams Rauner For Not Proposing Budget Plan

“He’s basically taking this position of opposing the governor’s budget, without offering anything – ANYTHING – in its place,” Vallas said.

05/21/2014

Illinois House Of Representatives

Madigan: Budget Vote Helps With Tax Increase

House Speaker Michael Madigan said Wednesday that his chamber’s effort to pass a budget without first securing all the needed revenue would aid a push to make an income tax hike permanent, but his colleagues in the Senate were not happy with the unusual move.

05/15/2014

Gov. Pat Quinn presents his annual budget address to the Illinois General Assembly in Springfield on March 26, 2014. (Credit: CBS)

Quinn Proposes Making 2011 Income Tax Hike Permanent

Gov. Pat Quinn outlined his case Wednesday for making Illinois’ temporary income tax increase permanent, predicting “extreme and radical” budget cuts to schools and services without additional revenue.

03/26/2014

Gov. Pat Quinn (Photo by Streeter Lecka/Getty Images)

Quinn To Propose Making 2011 Tax Hike Permanent

Gov. Pat Quinn is expected to propose making Illinois’ temporary income tax increase permanent in order to avoid massive budget cuts when he presents his election year budget address Wednesday, according to lawmakers briefed on his plans.

03/26/2014

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