CHICAGO (CBS) — 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.
Atty. Gen. Lisa Madigan called it a dire situation.
“If there is no budget, not only can the state not incur additional payments, but they’re also going to have to determine possibly who is essential; because, obviously, there are certain services that will have to continue,” she said.
State Treasurer Michael Frerichs said his office already has begun making contingency plans.
“We’ve worked with our senior management to make sure we can run the office, but we’re also reaching out to credit unions to make sure that there are low-interest loans available for state employees who might miss a paycheck, and need it to pay their bills,” he said.