Illinois State Budget
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.
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.
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.
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.
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.
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.
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.
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.
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.
Republican Bruce Rauner became the 42nd governor of Illinois and only minutes after being sworn, he enacted a statewide spending freeze.
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.
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.
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.
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.
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.
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.”
“He’s basically taking this position of opposing the governor’s budget, without offering anything – ANYTHING – in its place,” Vallas said.
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.
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.
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.