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Illinois State Budget

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

(Credit: Thinkstock)

State School Chief: $1B In Education Cuts Would Be ‘Devastating’

Illinois State Board of Education Superintendent Christopher Koch had sought a $1 billion increase in his department’s budget for next year. Instead, lawmakers have recommended a $1 billion decrease as part of a preliminary budget blueprint.

03/13/2014

Illinois State Capitol

Budget Watchdog Has Plan To Fix State Finances

More than three weeks ahead of the governor’s budget address, a government watchdog group has issued its own plan for bringing state finances back to good health.

03/03/2014

Illinois State Capitol

Government Panel Predicts $1.6B Drop In State Revenue

The drop in revenue reflects an expected decrease in the state’s income tax. The temporary hike is scheduled to drop from its current 5 percent to 3.75 percent next January.

02/05/2014

Illinois State Capitol

Child Advocacy Group Warns Of Impact Of Expiring Tax Hike

With a 2011 state income tax increase set to expire at the end of the calendar year, the governor and Illinois lawmakers are facing a huge drop in state revenue, which would affect many social service groups that rely on the state for funding.

01/20/2014

Gov. Pat Quinn (Credit: CBS)

Appeals Court Denies Quinn’s Latest Bid To Block Lawmakers’ Pay

Gov. Pat Quinn lost another round in his bid to block lawmakers’ paychecks until they send him a pension reform plan, when the Illinois Appellate Court denied his request to stop legislators from getting paid.

09/27/2013

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

Quinn Suspends Lawmakers’ Pay Over Pension Stalemate

Seeking to pressure lawmakers into acting on comprehensive pension reform, Gov. Pat Quinn used his budgetary veto powers on Wednesday to suspend legislative salaries until they come up with a plan.

07/10/2013

Illinois House Floor

State Lawmakers Move Forward With $53B Budget Plan

The Democrat-controlled Legislature began piecing together a new state budget Tuesday that avoids the steep cuts of recent years and also gave final approval to a historic expansion of Medicaid, as Republicans accused their colleagues across the aisle of having “an insatiable appetite to spend money we don’t have.”

05/29/2013

Illinois State Capitol

Illinois Lawmakers Warned About State’s Fiscal Cliff

Congress isn’t the only government body facing a “financial cliff.” Illinois lawmakers also are being warned about the state’s dire financial situation, which could get even worse if the federal government has to slash funding to the states.

WBBM Newsradio–11/15/2012

Carla Givan (center, seated) suffers from Lou Gehrig's Disease, and needs constant care from her daughter Donisha (left) and a hospice nurse (right). (Credit: CBS)

State Budget Cuts Could Take Away Hospice Care For Poor

Gov. Pat Quinn says the state’s Medicaid system is on the verge of collapse, and to save it, billions of dollars in spending must be cut. One service that could end on the chopping block is hospice care for the poor.

CBS 2–04/17/2012

Illinois State Capitol

Conservative Group Presents Alternative State Budget Plan

A conservative think tank has proposed an alternative state budget that would cut wages for state employees by 10 percent; require retired workers to pay for their own health care premiums; and force local school districts to fund teacher pensions, instead of the state.

CBS Chicago–03/08/2012

U.S. Sen. Mark Kirk (CBS File Photo)

Kirk Releases Report On Illinois’ Debt Crisis

Senator Mark Kirk says Illinois can forget about federal assistance if it goes to Congress saying it’s broke and needs a bailout. Kirk has released a report showing that Illinois state government is teetering on the edge of insolvency.

CBS Chicago–10/11/2011

Gov. Pat Quinn

Quinn Plans To Lay Off 1,900 Workers, Close 7 Facilities

Gov. Pat Quinn said Thursday that he is moving to lay off more than 1,900 state employees and close seven state facilities , blaming Illinois lawmakers for sending him a budget that had $2.2 billion less in revenue than he wanted.

CBS Chicago–09/08/2011

Illinois State Capitol

Advocates Bemoan Loss Of State’s ‘Transitional Assistance’ Program

Illinois’ “Transitional Assistance” program has helped homeless, disabled and unemployed state residents for years, but now it’s gone away, a victim of the state’s budget shortfall.

CBS 2–07/13/2011

American Federation of State, County and Municipal Employees' logo

State Employee Union Takes Pay Raise Case To Arbitrator

A major labor union has asked an independent arbitrator to intervene in their dispute with Gov. Pat Quinn over his decision to cancel pay raises for some 30,000 state employees.

CBS Chicago–07/07/2011

Illinois House Floor

Lawmaker Seeks Ways To Bring State Budget Together

One way or another, the budget numbers have to come together in Springfield.

WBBM Newsradio–04/27/2011

Illinois Senate Chambers

Senate GOP Vows To Block Quinn’s Borrowing Plan

Illinois Senate Republicans have vowed to block any plans to borrow money to pay the state’s overdue bills.

CBS Chicago–02/15/2011

Illinois State Capitol

State To Post Money-In, Money-Out Numbers Online

It’s been said “follow the money.” Now, the state says it will make it easier for taxpayers to do that by posting online reports about how much government is taking in and spending.

12/09/2010

Gubernatorial candidates Pat Quinn (left) and Bill Brady campaign at the 95th Street Red Line terminal and the Ogilvie Transportation Center, respectively. (Credit: CBS)

Quinn, Brady Shore Up Bases On Last Day

Whichever candidate wins the gubernatorial race will inherit a major state budget mess, and tough choices about possible spending cuts, tax increases, or both.

CBS Chicago–11/01/2010