Illinois State Budget

Governor Bruce Rauner waits for the arrival of  President Barack Obama at the Gwendolyn Brooks College Preparatory Academy on February 19, 2015 in Chicago, Illinois. Obama used the event to designate Chicago's historic Pullman district a national monument. (Photo by Scott Olson/Getty Images)

Hundreds Protest Budget Cuts Proposed By Gov. Rauner Outside Thompson Center

More than 500 people gathered outside the Thompson Center downtown this morning against budget cuts proposed by Governor Rauner. Demonstrators say the cuts squarely hit the most vulnerable people in the state.

15 hours ago

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

Governor, Democrats Still At Odds In Face Of Partial Government Shutdown

House Speaker Michael Madigan (D-Chicago) planned to call for a vote on a $2.3 billion one-month budget to avoid the shutdown, but Gov. Bruce Rauner’s office has indicated he would veto any such measure.

07/01/2015

Illinois House chamber in Springfield, Illinois. (Credit: CBS)

State Budget Deadline Looms With No Compromise In Sight

It’s a race against the clock in Springfield, with lawmakers and Gov. Bruce Rauner facing a midnight deadline to reach a deal on the state budget so no state services are interrupted.

06/30/2015

Illinois State Capitol

State Government Shutdown Looms As Budget Deadline Nears

State workers might have to go without paychecks if lawmakers and the governor don’t reach an agreement on the budget in the next couple days. If a budget isn’t approved by the start of the next fiscal year on July 1, the state won’t be able to pay bills, including writing checks to employees.

06/29/2015

(Credit: CBS)

Transit Agencies Expect No Changes In Fares Or Service

The Chicago Board of Education is borrowing $1 billion. City Hall is contemplating a property tax hike. Cook County may raise the sales tax by one percent — again. But at Chicago’s mass transit agencies there is no panic and it is business as usual.

06/26/2015

Governor Bruce Rauner waits for the arrival of  President Barack Obama at the Gwendolyn Brooks College Preparatory Academy on February 19, 2015 in Chicago, Illinois. Obama used the event to designate Chicago's historic Pullman district a national monument. (Photo by Scott Olson/Getty Images)

Rauner Vetoes Most Of State Budget, Cites $4 Billion Deficit

The governor blamed House Speaker Michael Madigan and Senate President John Cullerton for sending him a spending plan that is nearly $4 billion short on revenue.

06/25/2015

Illinois State Capitol

Lawmakers Return To Springfield; 8 Days Before Budget Due

The Illinois General Assembly makes what has become its weekly return to Springfield with a state budget still unresolved and only eight days before it’s due.

06/23/2015

Illinois State Capitol

Comptroller Munger: Without Budget, State Payments To Stop

Illinois State Comptroller Leslie Munger told reporters Wednesday that if lawmakers can’t agree on a budget before the start of the July 1 fiscal year, state workers will start missing paychecks July 15 and state vendors won’t receive payments.

06/10/2015

Activists protest Gov. Bruce Rauner's proposed cuts to state-funded social service programs, with the Republican governor and Democratic legislative leaders unable to reach a state budget deal. (Credit; CBS)

Activists Rally Against Rauner’s Proposed Budget Cuts

Even though Democrats control the House and Senate, and approved a budget plan that is more than $3 billion in the red, state Sen. Emil Jones III (D-Chicago) wasn’t prepared to say his party shares in the blame for the budget cuts.

06/04/2015

Illinois State Capitol in Springfield

Legislature Could Give Final OK To Parts Of 2016 Budget

Democrats who control the Legislature are advancing a 2016 budget that’s more than $3 billion short of anticipated revenues. Republicans have criticized the spending plan as irresponsible.

05/29/2015

Illinois State Senate chamber in Springfield. (Photo by Whitney Curtis /Getty Images)

Illinois Senate Rejects Rauner’s Priorities, Advances Budget

Illinois Democrats agreed to give some of Republican Gov. Bruce Rauner’s priority reforms a platform Wednesday but still voted them down in an exercise that could further fuel a politically charged standoff that’s expected to extend the summer.

05/28/2015

Illinois State Capitol

Republicans Take Turn In Battle Over Budget, Reform

Proposals addressing workers compensation, changes to the civil legal system and a freeze on property taxes are on the agenda Wednesday in Senate committees.

05/27/2015

Illinois State Capitol in Springfield

Republicans Fire Back On Madigan’s Budget Proposal

In Springfield today, accusations of a nonsensical political theater and a path to a phony budget as Republicans fired back at powerful House Speaker Mike Madigan, reports CBS 2 Chief Correspondent Jay Levine.

05/26/2015

Bruce Rauner (CBS)

Odds Bleak For State Budget Deal Between Gov. Rauner, Legislative Leaders

A standoff between Republican Illinois Gov. Bruce Rauner and majority Democrats is threatening to derail action on a long list of issues as lawmakers enter the final week of their spring session.

05/25/2015

Casino Gambling

Tourism Experts Testify On Potential Chicago Casino

A future Chicago casino could generate much-needed revenue and draw crowds to city hotels and restaurants, tourism experts testified Monday during a gambling expansion hearing that comes as state legislators stare down a budget deadline and fresh concerns about finding new funding sources.

05/11/2015

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

Civic Federation: Many Of Rauner’s Proposed Cuts Not “Achievable Or Prudent”

A respected budget watchdog group has come out with a sharply critical analysis of Gov. Bruce Rauner’s fiscal plan for Illinois.

05/07/2015

Aurora Mayor Tom Weisner joins other suburban mayors and other officials in speaking out again cutting state aid to local governments. (Credit: Craig Dellimore/WBBM)

Mayors Blast Rauner’s Proposed Cuts To Local Government Funding

The governor’s proposed budget would save approximately $600 million a year, by reducing the income tax revenue usually shared with municipal governments from 8 percent to 4 percent.

04/27/2015

Illinois House Of Representatives

Illinois House Grills Rauner Budget Director Over Cuts

House Speaker Michael Madigan formed the budget oversight panel after Rauner suspended $26 million in social services and public health grants as part of his push to reduce a $1.6 billion shortfall in the state budget. Lawmakers requested the documents during a Tuesday morning meeting.

04/21/2015

Empty Classroom

Illinois Restores $97 Million Of School Funding Cuts

Nearly 600 of the 800 Illinois school districts will have $97 million in state funding restored after a budget deal brokered last month between Gov. Bruce Rauner and legislative leaders cut money for education, with about one-third going to Chicago schools and the rest scattered among the other districts.

04/17/2015

Illinois State Capitol

Budget-Patching Deal Dips Into Various State Funds

The move, signed into law by Gov. Bruce Rauner on Thursday, digs into some of the largest piles of money in the state, including one intended to pay for highway construction, and some lesser known funds, such as ones to promote renewable energy sources and oversee the disposal of used tires.

03/27/2015

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